empty
 
 
11.11.2021 11:19 PM
USDCHF reaches first target.

Since last week when price reached the 0.91 support level where we find the upward sloping channel, we turned bullish expecting a reversal and a move at least towards 0.9220. Confirmation of this idea was the break above 0.9150.

This image is no longer relevant

Blue lines -bearish channel (broken)

Orange line - support trend line

USDCHF has reached and surpassed our first bounce target which was at 0.9220. Short-term trend remains bullish and after the channel breakout and trend line back test, we remain confident that USDCHF will reach higher levels. It is important however for price not to break below 0.91. This would be considered a sign of weakness.

通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback