Technical Analysis : USD/CHF 12 May 2020

Forex Technical Analysis : USDCHF

Target Level 0.9681

Date : 12 May 2020

Support Line (A) : 0.9681 – Last TP of Triangle

Resistance Line (B) : 0.9750 – Last TP of Triangle

Target Period : 2 days

Interval : 30 Minutes

Pattern : Triangle

Length : 316 Candles

Detail : Triangle identified at 12-May-12:30. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.9681 within the next 2 days. (Supported by Downward sloping Moving Average)

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Autochartist

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– Analysis as low as 15 minute data intervals.

– Short term forcasts.

– Risk and volatility information.