HomeContributorsTechnical AnalysisUSD/CHF Facing Tough Resistance

USD/CHF Facing Tough Resistance

The pair has resumed the yesterday’s bullish candle, but remains to see if will have enough directional energy to climb much higher. Price is pressuring the median line (ml), remains to see if will have enough energy to close above it and above the 0.9634 level. A valid breakout will confirm a further increase within the minor ascending pitchfork’s body.

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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