Condiciones de negociación
Products
Herramientas
USDCHF made a high at 0.9263 yesterday near the 61.8% Fibonacci retracement. Price made a lower high and got rejected once again at the same Fibonacci resistance area. This is a sign of weakness and more downside to come.
Orange line - major support trend lineBlack lines- Fibonacci retracements
USDCHF has made a higher low and is now moving lower towards 0.9216. Support is at recent low at 0.9194 and failure to stay above it, will be a sign of weakness. Such a breakdown will most probably lead to lower lows and lower highs confirming the short-term trend change to bearish. If price starts a sequence of lower lows and lower highs, we should then expect price to challenge the major support trend line at 0.9129. As long as price gets rejected at the 61.8% Fibonacci retracement, we remain bearish for the coming week.
¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.