Aurum Markets Blog Technical Analysis Support breakout on USDCHF

Support breakout on USDCHF

Support breakout on USDCHF post thumbnail image

USDCHF has broken through 0.8060 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, USDCHF may be heading towards 0.8015 within the next 8 hours.

Supported by Downward sloping Moving Average

Target: 0.8015 Entry: 0.8037 Stop: 0.8066

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