Aurum Markets Blog Technical Analysis Should we expect a breakout or a rebound on USDCHF?

Should we expect a breakout or a rebound on USDCHF?

Should we expect a breakout or a rebound on USDCHF? post thumbnail image

A strong support level has been identified at 0.8043 on the 4 hour USDCHF chart. USDCHF is likely to test it soon.

Supported by Downward sloping Moving Average

Target: 0.8043 Entry: 0.8058 Stop: 0.8065

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