Even though the news from Switzerland were not very good, the dollar isn't able to break yesterday's high at 1.02 Swiss francs per dollar. Today, the pair tried to break 1.0183 three times without success and the candles seem to be forming a downwards pattern. To do that, after the doji, the next one will be to be a downwards one. If that doesn't happen, the pair will continue with it's upwards target, which, at first, means it will have to break yesterday's highs. On the lower side, the first barrier is at today's low at 1.013 and then 1.0114, as the main support to beat.
Join the Discussion