YMGroup

Swiss Franc exited from triangle and can continue to grow

Long
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Hello to the TradingView community and my followers, please, if you like ideas, don't forget to support them with likes and comments, thank you so much and we'll get started.

Today, I want to talk to you about the Swiss Franc chart.

Price bounced of old support line and broke old resistance level.

Recently, Swiss Franc bounced up again and made fake breakout of old resistance line.

After this, price fell from $1.9520 to $1.9485.

Then, Swiss Franc made upward impulse and broke old resistance line, and now trades close new support line.

I expect that after current retest of support line price will continue to grow.

For this reason, I set up two targets at $0.9560 and $0.9610 levels.

I expect this scenario.

This is my opinion, I really hope it will be useful for you.

Be prepared and save your money. Make big profits!
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.