empty
 
 
30.12.2022 07:32 AM
USD/CHF Reached Historical Level!

This image is no longer relevant

USD/CHF Down Channel!

The USD/CHF pair dropped within a down-channel pattern. As long as it stays below the downtrend line, the price could drop deeper despite temporary rebounds. It's trading at 0.9230 at the time of writing far above yesterday's low of 0.9216.

Technically, the rate dropped below the 0.9222 historical level which represented a downside obstacle. It failed to stay below it signaling exhausted sellers. Now, the rate could try to come back toward the downtrend line.

USD/CHF Trading Conclusion!

An upside reversal could be activated if the rate jumps and stabilizes above the downtrend line.

Staying within the down channel and dropping below 0.9222 again may announce more declines.

Ralph Shedler,
Analytical expert of InstaForex
© 2007-2024
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 $1000 more!
    In April we raffle $1000 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