nikitafen46

USDCHF Direction Yet to be Determined

FX:USDCHF   U.S. Dollar/Swiss Franc
Above we have a support trendline that remains largely unbroken save for the Swiss Franc Tsunami from a while ago. It seems that the market intends to hold it whole for now. Above that, there is a resistance zone that has remained unbroken during the last 5 retests.
From this zone, price will either fall to the support trendline, or finally break through it and head up past the 1.02 area.

For now I'm waiting for a strong candle to close in either direction, outside of the zone.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out