Fri, Apr 19, 2024 @ 17:15 GMT
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USD/CHF Still In Range

MultiBank Exchange Group
By MultiBank Exchange Group

The USD/CHF is fighting hard to stay above the second warning line (WL2) of the major ascending pitchfork. You can see that continues to move in range on the short term, so only a breakout from this range will bring us a clear direction. We’ll have a reversal, only after a valid breakout from the descending pitchfork’s body.

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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