AlbionTrader

USDCHF bouncing before moving down?

OANDA:USDCHF   USD/CHF
USDCHF             might open interesting opportunities if the level around 1.00641 gets broken.
There are three different supports to look at downwards: 0.99421, 0.98382, 0.97390.
While breaking the psychological level of parity might be not probable, the Risk-Reward-Ratio in this case looks really appealing.

A factor of risk is the volatility shown in the last month or so having the price just range in the area 1.006 to 1.025 - 1.030 which makes a bounce even more probable.

Prices are relative to chart and may vary with other brokers/platforms.
I discuss always discuss and follow up these ideas on my blog.
United Kingdom
United States
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out