FX_IDC:USDCHF   Доллар США / Швейцарский франк
After weeks of consolidation price action finally broke upwards after 2nd double bottom completion & getting ready to retest it's long term ascending trend line signalling a trend change back above the 49EMA level. Should price action retest the $0.9774 level & hold in this zone, I can see price action pushing higher, retesting the next resistance barrier set in April 2016 at $0.9792. If it continues climbing from here, a likely cause for this trend change would be a recovering USD bond market coupled with a falling stock markets in North America. Another indicator would be to look out for weakening EURUSD in the coming weeks, should this happen, then a price action retest of the long term trend line is in the works.

Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.