LudovicoReale

USD/CHF: pairs show indecision with a trading range on 4H chart

FX:USDCHF   U.S. Dollar / Swiss Franc
The change USD/CHF is currently in a phase of congestion.

The primary trend remains bullish, but a real breakout of the support zone may still be a good opportunity to operate against the trend, for short-term operations.

Assuming this movement, the price could see down into 1.0020 area as the first target, 0.99800 as the second target.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.