azizelliott

#USDCHF - At resistance, watch for a breakout

FX:USDCHF   Dollar A.S. / Franc Swiss
Hi guys!

NFP drove everyone crazy, we have whitenessed some crazy things going on in the markets. USDCHF is testing a very powerful resistance level and the breakout will definitely lead to 1.03500.

If an impuls is strong it might test the top dynamic resistance level at 1.07200.
If resistance doesn't allow the price to proceed further, it will push it to the bottom dynamic support line at 0.98700

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