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Farooq

Technical Analysis – USDCHF _ 22-03-2019

HomeTechnical AnalysisTechnical Analysis – USDCHF _ 22-03-2019
22
Mar
Technical Analysis – USDCHF _ 22-03-2019

Yesterday, the pair saw some positive momentum in an attempt to gather some bearish momentum due to the saturation of the momentum indicators … The price is moving near its first target at 0.9910, and in the coming sessions it could move towards its second target around 0.9830 support.
A breach of 1.0050 resistance might be enough to end the downside scenario, and the price could then rise to test resistance at least 1.0100 – 1.0125.

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