Description
â‹… Hi guys, this is my overview for USDCHF, feel free to check it and write your feedback in commentsđź‘Š
Some days ago price entered to rising channel, in which it firtsly fell to support line, breaking $0.8795 level.
But soon, price bounced and made strong upward impulse to resistance line of channel, breaking two resistance levels.
After this, Swiss Franc corrected the $0.8900 level, which coincided with the support area and sometimes traded near.
Later, the price reached support line of channel again, and a not long time ago, it bounced from this line and continued to rise.
In my mind, Swiss franc can make a little movement down and then bounce up to $0.9055 resistance line of rising channel.
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