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USDCHF finds a pause point at dual technical target

The USDCHF has found a stall point on the downside with a cluster of support defined by the:100 day moving average at 0.890050% midpoint of the move up from the July low at 0.88994Swing area going back to early September also near 0.8899When technical levels all line up in confluence, that gives traders an opportunity to lean, as risk be defined and limited. That is what they did and the prices currently trading up at 0.8924.Having said that, there is overhead resistance between 0.89316 and 0.89... Read More

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Content Topics

Usdchf

Finds

Pause

Point

Dual

Technical

Target

Forex

Posted: Oct 20 2023, 13:33

Author Name: forexlive

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