USD/CHF On The Run

The price is strongly bullish on the short term and seems motivated to jump above the second warning line (WL1) of the ascending pitchfork. A valid breakout will confirm a further increase towards the upper median line (uml) of the minor descending pitchfork. Resistance can be found at the 0.9787 horizontal resistance.

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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