USDCHF after the rejection by the weekly resistance at the 0.94500 level retraced back exactly at the daily support over the 0.382 Fibonacci level.
The recent news makes the price bounce over it and we can see how a new test of the previous recent high in this moment.
Moreover the price shift the bias and we are in a bullish environment on the 4h hour time frame with a clear series of higher highs higher lows.
We will wait for a potential break of the weekly resistance and in that case we ll check for a nice long order according to the Plancton's strategy rules.
The recent news makes the price bounce over it and we can see how a new test of the previous recent high in this moment.
Moreover the price shift the bias and we are in a bullish environment on the 4h hour time frame with a clear series of higher highs higher lows.
We will wait for a potential break of the weekly resistance and in that case we ll check for a nice long order according to the Plancton's strategy rules.