Sat, Mar 25, 2023 @ 05:07 GMT

USD/CHF Upside Clouded

USD/CHF failed to close above the median line (ml) of the minor descending pitchfork and now goes down. Is almost to hit the second warning line (WL2) of the major ascending pitchfork, a valid breakdown will open the door for more declines in the upcoming period. I want to remind you that a valid breakout above the median line (ml) will most likely validate also the Inverse Head and Shoulders pattern.

MultiBank Exchange Group
MultiBank Exchange Group
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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