HomeContributorsTechnical AnalysisUSD/CHF Downside Paused

USD/CHF Downside Paused

USD/CHF rebounded from the 0.9634 static support, a minor consolidation above this level will bring another bullish momentum. Could come to retest the first warning line (WL1) before will climb higher again. You should know that only a valid breakout above the median line (ml) of the minor descending pitchfork will confirm a larger rebound.

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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