September 09, 2020 at 03:29PM

• USDCHF reversed from resistance level 0.9200

• Likely to fall to 0.9030

USDCHF recently reversed down strongly from the resistance level 0.9200 (former powerful support from the start of March).

The downward reversal from the resistance level 0.9200 continues the active multi-month downward impulse sequence (3) from June.

Given the long-term daily downtrend – USDCHF is likely to fall further toward the next support level 0.9030 (which reversed earlier waves 3 and (i)).

Continue Reading…

From: The FxPro Tech Analysis Team
Selected by

Search Web: USDCHF Wave Analysis – 9 September, 2020

Recent Posts


Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

Leave a Reply

Your email address will not be published. Required fields are marked *

Chinese (Simplified) ZH-CN English EN French FR German DE Spanish ES