Aurum Markets Blog Technical Analysis USDCHF approaching important level of 0.7945

USDCHF approaching important level of 0.7945

USDCHF approaching important level of 0.7945 post thumbnail image

The price of USDCHF in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.

Supported by Downward sloping Moving Average

Target: 0.7945 Entry: 0.8051 Stop: 0.8094

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