
USD/CHF
Hello, dear traders. Today we are going to look into the US dollar against the Swiss franc trading pattern. As we can see at the chart, prices jumped substantially in the last candle and drew resistance line at 0.9333, advancing from support at 0.9173. The valid rising trend line suggests that the upward development is more likely to continue and that suggests that the cap at 0.9333 would eventually be breached. Moreover, the Simple Moving Averages are below prices adding to the upside pressure. However, the cap at 0.9333 represents the 261.8% extension of the corrective move from 0.9037 to 0.8854 suggesting that we may be at the end of a bullish impulsive wave, therefore a corrective move may follow.
水平 | RES 3 | RES 2 | RES 1 | SUP 1 | SUP 2 | SUP 3 |
值 | 0.9565 | 0.9454 | 0.9333 | 0.9173 | 0.9113 | 0.9037 |
顯示圖表隱藏圖表
2014年9月5日 @ 上午9:41