افتتاح حساب تجاری 
As you can see in the chart below, the Dollar Franc is struggling to find the direction. Since last two weeks, the 50 SMA is constantly offering support to the pair and putting halt to every downturn.
But as the pair is already moving in an ascending channel, the chances are that it will continue to do so, which means that the pair may finally break through the 1.0037 resistance and can target the 1.0100 area. Maybe the recent formation resembles an ascending triangle, which when broken gives the target of 1.0145 (April, May 2017 Highs). And in case of a downside breakout, the move should find support around the 0.9950 level and then around 0.9900.
But as the pair is already moving in an ascending channel, the chances are that it will continue to do so, which means that the pair may finally break through the 1.0037 resistance and can target the 1.0100 area. Maybe the recent formation resembles an ascending triangle, which when broken gives the target of 1.0145 (April, May 2017 Highs). And in case of a downside breakout, the move should find support around the 0.9950 level and then around 0.9900.
We only see what we want to see, and hear what we want to hear.
- Miguel Ruiz
- Miguel Ruiz
