
We have outlooked several promising Forex pairs and the result can surprise you!
Don’t waste your time – keep track of how NFP affects the US dollar!
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The CHF is currently strengthening versus many currencies. The EUR is no exception. This week EUR/CHF broke below the 100- and 50-day MAs at 1.0966 and 1.0954 respectively. It looks like the pair formed a top when it slides below 1.0970. On the H4, the candlestick closed below the 61.8% Fibo retracement of the October advance at 1.0920, while moving averages are in the negative setup. There’s no substantial support for the price until 1.0880 (78.6% Fibo). The further level to watch on the downside is at 1.0835 (September lows).
We have outlooked several promising Forex pairs and the result can surprise you!
4H Chart Daily Chart We sent out a signal yesterday to long EUR/USD between 1…
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