STOCKS: reversal chart patterns
There was a notable reversal in the stock market on Wednesday. Have you noticed the reversal chart patterns?
USD/CHF broke support trendline
- USD/CHF broke support trendline
- Next sell target - 0.9860
USD/CHF recently broke through the support trendline which has been reversing the price from the middle of April. The breakout of this support trendline should accelerate the active minor corrective wave (ii) – which started previously from the major resistance level 1.0060. USD/CHF is expected to fall further toward the next sell target at the next support level 0.9860 (low of the previous correction 2).
Dmitry Chernovolov
Similar
USD: technical outlook
The USD made decisive moves mostly with the exotic currencies - let's have a look to prepare for new market entries.
GOOGLE stock: two steps to recovery
Google is going up. When are we to expect full recovery? This short technical analysis will give you some clues where to look at.
Latest news
Oil rally takes breath
Oil prices have been climbing up for a long time. What have stopped them?
EUR/USD: who gets what
There has been some movement in the EUR/USD chart. What's happening?
STOCKS: reversal chart patterns
There was a notable reversal in the stock market on Wednesday. Have you noticed the reversal chart patterns?
Deposit with your local payment systems
