What happened? It looks like the decline in EUR/CHF to 1…
USD/CHF broke resistance zone
2019-11-11 • Updated
- USD/CHF broke resistance zone
- Next buy target - 0.9600
USD/CHF continues to rise after the earlier breakout of the resistance zone lying between the resistance level 0.9450 (which reversed the earlier corrections 4 and A) and the 38.2% Fibonacci correction of the previous sharp downward impulse from the start of January. USD/CHF is expected to rise further inside the active minor impulse wave C toward the next buy target at the next resistance level 0.9600 (forecast price for the completion of the active wave C).
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
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