TradingAlchemist

USDCHF💲Retest resistance line!

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
USD / CHF Forecast implies an attempt to test the resistance area near the level of 0.9285. Further, the continuation of the fall of the USD / CHF currency pair with a target below the level of 0.9105. An additional signal in favor of reducing the dollar / franc pair will be a test of the trend line on the relative strength index ( RSI ). Cancellation of the fall option will be a strong growth and a breakdown of the 0.9405 area. This will indicate a breakdown of the resistance level and a continued rise in the pair with a potential target above the level of 0.9605.

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