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 a rising channel, where it declined to support line and then bounced up to $0.8580 level.
Then price broke this level and later made retest, after which CHF rose to $0.8880 level, but at once bounced below.
Price declined to support line of rising channel and then made upward impulse back to $0.8880 level and broke it.
After this movement, CHF fell to support area, but soon turned around and continued to move up.
Not long ago, Swiss Franc rose a little and started to fall, so I think that price can fall almost to support level.
Also then CHF can turn around and continue to move up to $0.9130 resistance line of rising channel.
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