Pin Bar Reversal Pattern in USD/CHF

Looking at today’s USD/CHF chart we can see that a bullish pin bar reversal pattern has formed after price reached down to the prior resistance level of 0.9648, which now forms support. Stochastics are poised to cross from below to above the 20 level, adding to the bullish scenario.

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NASDAQ Powers to Fresh Record Highs

The NASDAQ closed at new record highs on Monday, led by strength in tech giants including Apple (AAPL), Amazon (AMZN) and Netflix (NFLX). The NASDAQ gained by over 28% in 2017 and has surged a further 16% so far this year. “FAANG” stocks (Facebook, Apple, Amazon, Netflix and Google parent Alphabet) were among largest drivers […]

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