Technical Analysis : USD/CHF 3 March 2020

Forex Technical Analysis : USDCHF

Target Level 0.9546

Date : 3 March 2020

Support Line (A) : 0.9546 – TP of Falling Wedge

Resistance Line (B) : 0.9597 – TP of Falling Wedge

Target Period : 10 hours

Interval : 1 hour

Pattern : Falling Wedge

Length : 41 Candles

Detail : Falling Wedge identified at 03-Mar-10:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.9546 within the next 10 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.

– Short term forcasts.

– Risk and volatility information.