Will USDCHF be reversed?

14 March 2022 174
Load the latest quotes
Full screen

Since August last year, the currency pair has been moving within the range between 0.91 and 0.936.


Today, the price is testing the top boundary of the range.


At the same time, the relative strength indicator intends to enter the overbought zone which signals a possible speedy decline in the USDCHF currency pair.


In case of changes in the direction movement, the target will be the bottom boundary of the horizontal channel: 0.91.

Comments
New Popular
Send
Commenting rules

Subscribe to our newsletter and stay up to date with all the news!