USDCHF Weekly analysis
Last week we were looking for out target to reach 0.97953 area. But because of the news on thursday, we saw the price go bullish from half way as of the predicted path.
The price broke two resistance areas of 0.98926 and 0.99657
The price currently sits at broken resistance of 0.99657. This upcoming week and for few days after that we see the price getting further upward movement from the current price and move towards our next resistance of 1.00987
If the price is successful in breaking 1.00318 resistance zone, then we look for our next target as 1.00987
The price broke two resistance areas of 0.98926 and 0.99657
The price currently sits at broken resistance of 0.99657. This upcoming week and for few days after that we see the price getting further upward movement from the current price and move towards our next resistance of 1.00987
If the price is successful in breaking 1.00318 resistance zone, then we look for our next target as 1.00987
Penafian
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