USDCHF: trend reversal and falling towards strong support
Elements of the chart that are important to pay attention to:
- An uptrend from January to April 2021.
- Breakdown of the trend line 0.937 (early April).
- A minor downtrend from March 2021 to the present.
The price continues to fall in the trend and can be expected to touch the resistance at 0.912 and fall to the support level of 0.903.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
- An uptrend from January to April 2021.
- Breakdown of the trend line 0.937 (early April).
- A minor downtrend from March 2021 to the present.
The price continues to fall in the trend and can be expected to touch the resistance at 0.912 and fall to the support level of 0.903.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.