H4 chart USDCHF seen in 4 hours chart listed at this point at the line eighth of Murrey lines, considered an extreme overshoot line. From the next candle close below this level could lead to seek their support line located around 0.9225 which is very wax overrun the last line of -2/8 (white). On the other hand, a breakdown in internal trendline could lead prices to 0.9399.
But we must also take into account that the level of 0.9277 vie to be an important support line trying to break par on previous occasions but even if successful, so we believe that trying again test the support. By itself it would be more prudent to go below this level sales positions.
H4 chart
USDCHF seen in 4 hours chart listed at this point at the line eighth of
Murrey lines, considered an extreme overshoot line. From the next candle
close below this level could lead to seek their support line located
around 0.9225 which is very wax overrun the last line of -2/8 (white).
On the other hand, a breakdown in internal trendline could lead prices
to 0.9399.
But we must also take into account that the level of 0.9277 vie to be an
important support line trying to break par on previous occasions but
even if successful, so we believe that trying again test the support. By
itself it would be more prudent to go below this level sales positions.
Read more: https://www.instaforex.com/forex_analysis/35153
Read more: https://www.instaforex.com/forex_analysis/35153
H4 chart
USDCHF seen in 4 hours chart listed at this point at the line eighth of
Murrey lines, considered an extreme overshoot line. From the next candle
close below this level could lead to seek their support line located
around 0.9225 which is very wax overrun the last line of -2/8 (white).
On the other hand, a breakdown in internal trendline could lead prices
to 0.9399.
But we must also take into account that the level of 0.9277 vie to be an
important support line trying to break par on previous occasions but
even if successful, so we believe that trying again test the support. By
itself it would be more prudent to go below this level sales positions.
Read more: https://www.instaforex.com/forex_analysis/35153
Read more: https://www.instaforex.com/forex_analysis/35153
