USDCHF - Price can decline a little and then start to move up
Hi guys, this is my overview for USDCHF, feel free to check it and write your feedback in comments👊
A not long time ago price bounced from $0.9000 level, which coincide with resistance area to next area.
After this, Swiss Franc declined and a few time traded between two levels and areas.
Then price made correction below $0.9000 level and soon bounced up to resistance line, after which price started to fall.
Also, Swiss Franc broke $0.9000 level and fell to support line, thereby forming triangle pattern.
Recently price tried to back up, but failed, and now trades close support line.
In my mind, price can make a little correction and then start to rise to resistance line.
Swiss Franc can also break this line and continue to grow to $0.8990
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A not long time ago price bounced from $0.9000 level, which coincide with resistance area to next area.
After this, Swiss Franc declined and a few time traded between two levels and areas.
Then price made correction below $0.9000 level and soon bounced up to resistance line, after which price started to fall.
Also, Swiss Franc broke $0.9000 level and fell to support line, thereby forming triangle pattern.
Recently price tried to back up, but failed, and now trades close support line.
In my mind, price can make a little correction and then start to rise to resistance line.
Swiss Franc can also break this line and continue to grow to $0.8990
If this post is useful to you, you can support me with like/boost and advice in comments❤️