What happened? It looks like the decline in EUR/CHF to 1…
USD/CHF broke support zone
2019-11-11 • Updated
- USD/CHF broke support zone
- Next sell target - 0.9670
USD/CHF continues to fall after the earlier breakout of the support zone lying at the intersection of the support level 0.9750 (sell target set in our earlier forecast for this currency pair) and the support trendline of the wide daily down channel from the start of March. The breakout of this support zone accelerated the active impulse wave 3.
USD/CHF is expected to fall to the next sell target at the support level 0.9670 (target price calculate for the completion of the active impulse wave 3).
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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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