Mon, Dec 05, 2022 @ 03:46 GMT

USDCHF Wave Analysis

  • USDCHF reversed from support level 0.9400
  • Likely to rise to resistance level 0.9600

USDCHF currency pair recently reversed up from the key support level 0.9400 (previous multi-month low from August, which stopped wave (A)) standing below the lower daily Bollinger Band.

The upward reversal from the support level 0.9400 stopped the earlier medium-term impulse wave (C).

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