Aurum Markets Blog Technical Analysis USDCHF – getting close to support of a Falling Wedge

USDCHF – getting close to support of a Falling Wedge

USDCHF – getting close to support of a Falling Wedge post thumbnail image

USDCHF is approaching the support line of a Falling Wedge. It has touched this line numerous times in the last 3 days. If it tests this line again, it should do so in the next 10 hours.

Supported by Downward sloping Moving Average

Target: 0.8033 Entry: 0.8157 Stop: 0.8258

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