USDCHF has broken through a resistance line. It has touched this line numerous times in the last 13 days. This breakout shows a potential move to 0.8567 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Supported by Upward sloping Moving Average
Target: 0.8567 Entry: 0.8527 Stop: 0.848
A strong resistance level has been breached at 8329.0000 on the 4 hour FTSE 100 chart. Technical Analysis theory forecasts a movement to 8387.6738 in the next 2 days. Supported
FTSE 100 is about to retest a key horizontal resistance level near 8313.9004. It has tested this level 5 times in the recent past and could simply bounce off like
ASX 225 moved through the resistance line of a Triangle at 7647.452941176471 on the Daily chart. This line has been tested a number of times in the past and this