I saw a new graph today showing future price movements for USD/CHF. I think there is some overlap between this new graph and the previous graph, which showed the price moving straight down then straight up, then straight down again. The first move down happened on Friday when it fell to .935 and then bounced back up to .944. It closed on Friday at .9417.
The new graph shows it dropping back down again, then bouncing up much higher. I did not see any numbers.
Please note every graph I have ever seen has always shown future price movements. So I believe the initial dip shown here is not the same as the one that happened on Friday. Also, this is my best effort to recreate what I saw in a split second. I believe I have captured the big movements accurately, but the details on the smaller bounces along the top might not be as accurately drawn. Basically, I saw it moving sideways along the top with some volatility then dropping sharply.
The Lord is so good to help us with forex trading. There is no way I could ever do this without him. I am so thankful for him! I pray the Lord would give you insights and wise instructions to help guide you in your trading.
Author: James Bailey
James Bailey is a blogger, business owner, husband and father of two grown children. In 1982, he surrendered his life to the Lord Jesus Christ. In 2012, he founded Z3news.com to broadcast the message of salvation by reporting end time news before it happens.
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