Technical Analysis : USD/CHF 19 August 2020

19 August 2020 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsUSD/CHF

Forex Technical Analysis : USDCHF 19 August 2020

Forex Technical Analysis : USDCHF

Target Level 0.9010

Date : 19 August 2020

Support Line (A) : 0.9010 – Last TP of Channel Down

Resistance Line (B) : 0.9039 – Last TP of Channel Down

Target Period : 14 hours

Interval : 30 Minutes

Pattern : Channel Down

Length : 85 Candles

Detail : Channel Down identified at 19-Aug-13:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.9010 within the next 14 hours. (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.

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