USDCHF is the 5th most traded currency and is known for its stability. We have seen several movements that have been easily predicted by analysts. Here is my prediction for the next financial movement of this currency pair.
The support line drawn shows where all channels retested and changed directions. The butterfly pattern indicates its next retest. Long on USDCHF till TP1 which I set at 1.0000 just to be s=on the safe side.
Good luck!
The support line drawn shows where all channels retested and changed directions. The butterfly pattern indicates its next retest. Long on USDCHF till TP1 which I set at 1.0000 just to be s=on the safe side.
Good luck!