GBP/CHF Technical Analysis - support level at 1.3522 to be broken for the daily bearish to be continuing
by
, 06-17-2016 at 11:34 PM (1162 Views)
Daily price is crossed 100 SMA/200 SMA reversal area for the bearish breakdown: the price was bounced from 1.3522 support level for the possible secondary rally to be started or for the primary bearish trend to be continuing.
- If the price will break 1.3779 resistance level so the local uptrend as the secondary market rally within the primary bearish condition will be started.
- If price will break 1.3522 support so the bearish trend will be continuing.
- If not so the price will be ranging within the levels.