USDCHF is heading towards 0.8250 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Supported by Upward sloping Moving Average
Target: 0.825 Entry: 0.823 Stop: 0.8219
ASX 225 is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or
USDCHF has broken through a resistance line. It has touched this line numerous times in the last 2 days. This breakout shows a potential move to 0.8830 within the next
A strong resistance level has been identified at 7951.2002 on the 1 hour ASX 225 chart. ASX 225 is likely to test it soon. Supported by Upward sloping Moving Average