Advertisement
Australia markets closed

  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     

  • AUD/USD

    0.6506
    +0.0017 (+0.26%)
     

  • ASX 200

    7,683.00
    -0.50 (-0.01%)
     

  • OIL

    82.80
    -0.56 (-0.67%)
     

  • GOLD

    2,332.60
    -9.50 (-0.41%)
     

  • Bitcoin AUD

    101,599.75
    -104.16 (-0.10%)
     

  • CMC Crypto 200

    1,429.06
    +4.96 (+0.35%)
     

USD/CHF Late November Divergence with EUR/USD a Warning Sign

Jamie Saettele, CMT

DailyFX.com -

Daily

USD/CHF Late November Divergence with EUR/USD a Warning Sign
USD/CHF Late November Divergence with EUR/USD a Warning Sign

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

The breakout from the multi-month triangle remains valid but the comments in the EUR/USD section regarding non-confirmation warn of at least a minor turn lower in the USD. Monitor the year open (near parity) for support. As a reminder, the objective from the breakout is 1.0350.


original source

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from IG.