USDCHF testing support, potential rise!

12 апр. 2018 г.

USDCHF is testing our first support at 0.9578 (horizontal overlap support) and a strong bounce might occur above this level, pushing price up to our major resistance at 0.9667 (horizontal swing high resistance, 61.8% Fibonacci extension).

RSI (55) has also bounced off its major support which might be a good precursor for a potential rise in price.

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16 апр. 2018 г.

Заметка

Woohooo well on its way to our major resistance target, watch for breakout above our intermediate resistance level!