USDCHF: Potential Rejection from Resistance Zone
USDCHF is currently trading near a significant resistance zone, as highlighted in the chart. This area coincides with a prior supply zone that has historically acted as a reversal point. The structure suggests that sellers may step in, pushing the price lower. If the pair confirms rejection from the resistance, we could see price drop towards 0.89420.
If you agree with this analysis or have any additional insights, feel free to share your thoughts in the comments!
If you agree with this analysis or have any additional insights, feel free to share your thoughts in the comments!
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