Aurum Markets Blog Technical Analysis USDCHF approaching important level of 0.8278

USDCHF approaching important level of 0.8278

USDCHF approaching important level of 0.8278 post thumbnail image

USDCHF 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 a rebound back to current levels. It has touched this line numerous times in the last 3 days and may test it again within the next 15 hours.

Supported by Upward sloping Moving Average

Target: 0.8278 Entry: 0.8246 Stop: 0.8232

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