Image 1: weekly chart the key resistance is 0.9902-1.0029. The uptrend line shows USD/CHF will be bullish for next a few weeks.Image 2: monthly chart The blue line: SMA 55,and I shifted 2 positions(for forecast July price,it is just 2 from Month of May to July ) We can review the history,the price will be resisted by SMA 55 at Elliptical area.The Red line is resistance of 0.9945, is consistent with weekly chart.From May vertical line crossed with SMA 55,we can get the cross-point:0.9905So my fo…
Read full story
Translate to Inglese Show original