USD/CHF One position give a direction of next month
From technical analysis:
1/ the low points are continuesly going up.
2/ the high points are continuously going up too.
which shows a UP TREND in day's chart.
3/ One signal has to be confirmed is whether the price could break the resistance of 0.95420 and stand steady above the 60 Moving Average lines( Deep purple )
If the price stand above the 0.95417 then we could look forward to see it reach first target of 0.97252.
1/ the low points are continuesly going up.
2/ the high points are continuously going up too.
which shows a UP TREND in day's chart.
3/ One signal has to be confirmed is whether the price could break the resistance of 0.95420 and stand steady above the 60 Moving Average lines( Deep purple )
If the price stand above the 0.95417 then we could look forward to see it reach first target of 0.97252.