Gbp/Chf
Steering lower, sellers would initially encounter upside pressure from the 38.2% Fibo of 1.2682 – joined with the 20-day SMA – and the 100-day SMA at 1.2650 underneath. Clearing below this section, the bears efforts to drop lower could be prevented by the region from the 200-day SMA at 1.2554 to the 50.0% Fibo of 1.2490, which also encompasses the latest swing low of 1.2527. Diving lower, the 1.2400 support could attract attention ahead of the 61.8% Fibo of 1.2294.


Thread: 
Thanks
Currently Active Users
Forex Forum India Statistics