GBPCHF getting a strong push to start the week. Demand remains in control as we retest November supply for third time in like a week. If we finally get a break, risk is clearly to the upside as shown on the daily chart. With this current consolidation, price action is clear. Price should remain above the 1.21 area, with any move back below raising serious questions about any break to the upside.
If we break to the upside, resistance turns into support and any retest of current area should hold for moves up. Lets see how it plays out!!
If we break to the upside, resistance turns into support and any retest of current area should hold for moves up. Lets see how it plays out!!
