HomeContributorsTechnical AnalysisUSD/CHF Registered An Amazing Jump

USD/CHF Registered An Amazing Jump

Price is moving in a range on the Daily chart, but looks like that is poised for an upside move. The Tuesday’s candle suggests a reversal, but we still need confirmation before we can take action again. Only a valid breakout above the 0.9634 and most important above the median line (ml) will confirm a further increase towards the upper median line (uml).

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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