DeGRAM

USDCHF breakdown of support level and growth

Long
FOREXCOM:USDCHF   U.S. Dollar / Swiss Franc
The price is in the important support zone of 0.923.
In this zone, the April 2020 support line intersects with a strong level.
The last time the price was able to break through this level was only in July last year.
And now - in March.
After the breakout, it rose, collapsed back to the level and fixed on it.
I expect that after the breakout and consolidation at the strong support zone of 0.923, the price will start to rise.
It will grow from the support zone to the resistance line.
The target is 0.936.

--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!

🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
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.