WalterMoon

USDCHF - Price can bounce up from support level to $0.8995 level

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
Hi guys, this is my overview for USDCHF, feel free to check it and write your feedback in comments👊

A few days ago price started to decline from $0.9440 point to support line, thereby breaking $0.9295 level.

Also, Swiss Franc entered to pennant and bounce higher of resistance area, but at once started to fall.

Then price exited from pennant and entered to falling channel, where it broke $0.9095 level.

After channel Swiss Franc fell to $0.8860 level and started trading inside flat.

At the moment price continues trade inside range.

And maybe Swiss Franc can make correction to support level and bounce up to $0.8995

If this post is useful to you, you can support me with like/boost and advice in comments❤️
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.