EURCHF Analysis - Sellers Are Still Mustering Force Lower EURCHF sellers continue to trim price strength beyond the 0.98850 key zone. The sellers are currently dominating the market, causing a major downward trend in price. Last week, the bulls were in control, but they were unable to push the …
The $0.024 level is the March 16 support level, from where the bull market launched a significant move to capture the $0.03 price level. The bulls were so ambitious at that time that they tested the threshold of the $0.035 price level. The bullish price at $0.035 was rejected, and the progress of …
Towards the end of yesterday’s trading session, the D2T market neared the $0.03 price mark, but the bullish price got rejected at around the $0.0294 price level. The selling pressure is driving the price to the downside, an ideal place for traders to buy. Currently, the market moves around $0.0259. …