Bullish move coming on USD/CHF by ThinkingAntsOk Long

U.S. Dollar/Swiss FrancFXCM

Description

⋅ Jan 2, 2020 12:27 PM

4H CHART EXPLANATION:

We observe that there is a Descending Channel here. Price is bouncing at the Daily Support Zone, so, we expect a movement towards the Descending Trendline. If the trendline is broken, then the movement has potential to reach the Resistance Zone.

DAILY CHART ANALYSIS: