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BelforFx´s Trading Opportunity: USD/CHF will reach its resistance level within 10 days

A triangle pattern has been identified at August the 1st. This pattern is still in the process of forming. Forex analysts have forecasted that there is a possibly of a bullish price movement towards the resistance at 0.975, expected within the next 10 days. At the moment of writing, the USD/CHF is trading at 93.597, with a rising tendency. If you see the data interval in a 4 hour graphic, you will see the last resistance turning point of the triangle at 0.97518 and the last support turning point of the triangle at 0.92275.

Thursday, 01 Aug, 2013 / 11:33

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