USDCHF: Faces Further Recovery ThreatsUSDCHF: The pair put in a temporary bottom and closed higher the past week. This development leaves USDCHF threatening further upside. On the downside, support lies at the 0.9450 level with a break targeting the 0.9471 level and then the 0.9400 level. Further down, support comes in at the 0.9350 level. A cut through here will target the 0.9300 level. On the upside, resistance resides at the 0.9600 level where a break will aim at the 0.9650 level. Further…See More
$EURUSDWhat ProAct Forex Target Traders See: We are currently sitting @ 1.2646. We are looking for the finish of the correction in this resistance area then down to the S8/2.618 Fibo target @ 1.2423. The average daily true range (ATR) for the pair currently is 119 pips. ————————————————————————--$USDJPY …See More
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