Hello everyone,
USDCHF have been moving downward for this past few days, trending on a momentum channel of support and resistance. the pair aims towards 0.7930 as the next trendline support, in respect of the structure.
Possible outline;
Hold on the sell position with target at 0.7930, meanwhile a confirmed reversal above the support would trigger upward rise, eyeing 0.8137 as the next partial resistance.
Lets see how it plays out...
Thanks for reading.
USDCHF have been moving downward for this past few days, trending on a momentum channel of support and resistance. the pair aims towards 0.7930 as the next trendline support, in respect of the structure.
Possible outline;
Hold on the sell position with target at 0.7930, meanwhile a confirmed reversal above the support would trigger upward rise, eyeing 0.8137 as the next partial resistance.
Lets see how it plays out...
Thanks for reading.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.