Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.90000). . if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis: . USDCHF is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 53.
@pyrrhicpacific, Before using any forecasts, you need to read the explanation written on the chart and in the description carefully.
It is written on the chart: Buy on Price Rejection above 0.90000. And no price rejection has happened.
the intraday forecasts of Forecast City have 2 directions all the time:The main direction" and the "Reversed direction".
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We wish you all the best.