USD/CHF reached buy target 1.0100

USD/CHF reached buy target 1.0100

  • USD/CHF reached buy target 1.0100
  • Next sell target - 0.9870

USD/CHF continues to fall sharply after the earlier downward reversal from the resistance zone located between the resistance level 1.0100 (previous buy target), upper daily Bollinger Band and the 50% Fibonacci correction level of the previous sharp downward impulse from the start of January. The downward reversal from this resistance zone continues the active impulse waves 3 and (1).

USD/CHF is expected to fall to the next sell target at the next strong support level 0.9870 (which has been steadily reversing the price form the end of January).



Latest news

GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.


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