FxPro - Analytics

FxPro

761.75 6.25/10
89% of positive reviews
Real

USDCHF Wave Analysis – 11 June, 2021

• USDCHF reversed from key support level 0.8940

• Likely to rise to resistance level 0.9050

USDCHF currency pair recently reversed up from the key support level 0.8940 (which has been reversing the price from the end of February) – standing close to the lower daily Bollinger Band.

The upward reversal from the support level 0.8940 stopped the previous short-term impulse wave 3 from the start of June.

Given the strength of the support level 0.8940 and growing USD bullishness – USDCHF currency pair can then be expected to rise further toward the next resistance level 0.9050 (top of wave 2).

USDCHF Wave Analysis – 11 June, 2021


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