Sat, Dec 28, 2024 @ 10:23 GMT
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HomeContributorsTechnical AnalysisUSD/CHF Breakout Still Possible

USD/CHF Breakout Still Possible

MultiBank Exchange Group
By MultiBank Exchange Group

The USD/CAD increased today and still tries to breakout through the confluence area formed at the intersection between the 0.9787 resistance with the outside sliding line (SL). A valid breakout will accelerate the upside movement. Technically, it could move sideways to recapture more directional energy before will resume the upside movement.

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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