USD/CHF has reached the .9188 2018 low. This should hold the initial test, in the opinion of Karen Jones from Commerzbank. The pair is currently trading at 0.928. Key quotes “With an RSI at 8, we will be attempting to sell the rally and the previous January low of .9613 should now act as formidable resistance.” “Below .9188 on a closing basis will target the .9072 May 2015 low and the .8838 the 38.2% retracement of the move from 2015.” “The market will stay directly offered below .9613. but intraday Elliott wave is suggesting rallies are likely to fail around .9400/80 for another leg lower.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next IEA’s Birol: Playing Russian roulette in oil markets may well have grave consequences FX Street 2 years USD/CHF has reached the .9188 2018 low. This should hold the initial test, in the opinion of Karen Jones from Commerzbank. The pair is currently trading at 0.928. Key quotes “With an RSI at 8, we will be attempting to sell the rally and the previous January low of .9613 should now act as formidable resistance.” “Below .9188 on a closing basis will target the .9072 May 2015 low and the .8838 the 38.2% retracement of the move from 2015.” “The market will stay directly offered below .9613. but intraday Elliott wave is suggesting rallies are likely to fail around… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
