Hi Traders! The following screenshots may help you to understand the current Market Situation of the pair USDCHF. The pictures show the Weekly, Daily, H4 and H1 timeframes.
Let's start with the weekly Chart:
Moving on to the Daily Chart:
Going over to the H4 Chart:
Moving over to the H1 Chart + first possibility:
Last but not least, the H1 Chart + second possibility:
We recommend to trade the market according to the overall Trend Direction.