VasilyTrader

USDCHF: Important Decision Ahead 🇺🇸🇨🇭

Short
OANDA:USDCHF   U.S. Dollar / Swiss Franc

Update for USDCHF.
The price is currently stuck between 2 important structures.
From one side, we have 1.003 - 1.006 resistance.
From another, 0.9935 - 0.997 support and a rising trend line.

If the price breaks and closes above the underlined resistance,
a bullish continuation will be expected to 1.02 level.

If the price breaks a horizontal and vertical support,
a bearish move will be expected to 0.98.

Wait for a breakout, traders.
That is the best strategy to follow now.

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
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.