Ms

USDCHF - Daily chart channel - bearish and bullish outlook

Ms  
FX_IDC:USDCHF   U.S. Dollar / Swiss Franc
- USDCHF             has bounced off support at bottom of the main daily channel and is now hitting resistance on the 4 and 1 hourly channel, price could retrace from here close to previous level at lower end of channel shown by arrow on the chart.
- However price could stick to the daily channel it has been in and break the 4 hourly sub-channel, on this break it would be good to take a long position, if break is quick to the upside then wait for price to retrace to 4 hourly channel using previous dynamic resistance line as support to take position.
- Person bias is to the upside as the main daily channel is generally stronger than sub-channels that form, will wait for market to make its mind up before taking a position.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out