USD/CHF reversed from resistance zone

USD/CHF reversed from resistance zone

  • USD/CHF reversed from resistance zone
  • Next sell target - 0.9900

USD/CHF recently reversed down with the daily Shooting Star from the resistance area lying between the strong long-term resistance level 1.0050 (which has been reversing the price from last year, as can be seen below) and the upper daily Bollinger Band. The downward reversal from this resistance zone stopped the previous minor impulse wave 3. USD/CHF is expected to fall further toward the next sell target at the next support level 0.9900.

chf

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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.

gbp

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