Forex4you - Analytics

Forex4you

528.00 7.00/10
60% of positive reviews
Real

USD/CHF: continuation pattern indicates further bullishness

   The short-term trend in USD/CHF is continuing higher, with increasing momentum. I expect it to further extend.

There is also a continuation pattern which has formed over the last three days further enhancing the bullish outlook, and as long as today’s price does not close below 0.9810, it gives a high probability of continuation up to 0.9925.

A break above today’s (Thursday’s) highs would provide confirmation of such a move.
USDCHF06

   
The short-term trend in USD/CHF is continuing higher, with increasing momentum. I expect it to further extend.

There is also a continuation pattern which has formed over the last three days further enhancing the bullish outlook, and as long as today’s price does not close below 0.9810, it gives a high probability of continuation up to 0.9925.

A break above today’s (Thursday’s) highs would provide confirmation of such a move.
USDCHF06



To leave a comment you must or Join us


By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree