Greetings to traders. Technical analysis on the H1 timeframe. The volatility for the 14-day period for the GBPCHF currency pair today is 99 p. The upper border of the corridor obtained based on the current volatility: 1.1947. The lower border of the trading corridor is at 1.1819. The resistance level for GBPCHF is 1.1924. If buyers manage to break through and gain a foothold over this level, the next goal will be the level of 1.1947. In the event that it is possible to break through the support level of 1.1876, the bears will test 1.1819. The Stochastic indicator on D1 formed a signal for sales, therefore, I look forward to a downward movement towards the southern targets.


Thread: 
Thanks
Currently Active Users
Forex Forum India Statistics