Technical Analysis : USD/CHF 8 June 2020

Forex Technical Analysis : USDCHF

Target Level 0.9650

Date : 8 June 2020

Support Line (A) : 0.9626 – Last TP of Rising Wedge

Resistance Line (B) : 0.9650 – Last TP of Rising Wedge

Target Period : 17 hours

Interval : 15 Minutes

Pattern : Rising Wedge

Length : 209 Candles

Detail : Rising Wedge identified at 08-Jun-12:15. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.9650 within the next 17 hours. (Supported by Upward sloping Moving Average)

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

Source : Autochartist

If you open a live account with a broker that support Autochartist, you’ll get :

– Analysis as low as 15 minute data intervals.

– Short term forcasts.

– Risk and volatility information.