Open account Log in

USD/CHF reached sell target 0.9890

Read the article on FBS website
  • USD/CHF reached sell target 0.9890
  • Next sell target - 0.9750

USD/CHF continues to fall sharply – following the earlier breakout of the pivotal support level 0.9890 (which stopped the previous sharp minor impulse wave 1 in January and which was set as the sell target in our previous forecasts for this currency pair). The breakout of the support level 0.9890 intensified the bearish pressure on this currency pair.

USD/CHF is expected to fall further to the next sell target at the support level 0.9750 (forecast price for the termination of the active intermediate impulse wave (1)).

​

Share with friends:

Similar

Latest news

Instant opening

This website is owned and operated by Mitsui Markets Ltd. Address: 133 Santina Parade, Elluk, Port Vila, Efate, Vanuatu.

Mitsui Markets Ltd. does not offer financial services to residents of certain jurisdictions, including, but not limited to: the USA, the EU, the UK, Israel, the Islamic Republic of Iran, Myanmar.


Payment transactions are managed by НDС Technologies Ltd.; Registration No. HE 370778; Legal address: Arch. Makariou III & Vyronos, P. Lordos Center, Block B, Office 203, Limassol, Cyprus. Additional address: Office 267, Irene Court, Corner Rigenas and 28th October street, Agia Triada, 3035, Limassol, Cyprus.


Risk warning: Before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience.

Any copying, reproduction, republication, as well as on the Internet resources of any materials from this website is possible only upon written permission.


The information on this website does not constitute investment advice, a recommendation, or a solicitation to engage in any investment activity.

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.