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USD/CHF Breakout In Play

MultiBank Exchange Group
By MultiBank Exchange Group

USD/CHF is strongly bullish on the Daily chart and now is trying to take out the dynamic resistance from the median line (ml) of the descending pitchfork. A valid breakout will confirm a further increase towards the next upside targets from 0.9787 static resistance and from the upper median line (uml) of the descending pitchfork.

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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