
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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With the recent decline of the USD versus safe haven (the JPY, the CHF, and gold), USD/CHF looks like it has more scope for downside: the pair hasn’t reached support yet. Levels to watch on the downside include 0.9715 (January low) and 0.96 (support line). On W1, there was a “bearish engulfing” candlestick that closed below the 100- and 200-week MAs. A bearish break of the “wedge” seen on D1 implies bearish continuation. A pullback to the upside should meet resistance at 0.98 and 0.9850.
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…
4H Chart Daily Chart EURUSD declined back yesterday after trying to test its 1…
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