Dollar américain / Franc suisse
Short
Mis Ă  jour

USDCHF: Preparing For a Bearish Wave 🇺🇸🇨🇭

snapshot

Hey traders,

USDCHF is trading in a global bearish trend.
The market is falling since 2016.

The price set a new low at the beginning of 2021.
Then a correctional movement started.
Since August the pair is trading within a horizontal trading range.
I believe that the next bearish rally will initiate after a bearish breakout of a range's support.

Next goals will be 0.894/0.88

Remember that the range can be broken to the upside as well.
In case of such a scenario, the market may retest 0.947 year's high.

❤️Please, support this idea with like and comment!❤️
Note
Check my new analysis on EURAUD:
EURAUD: Very Bearish Outlook 🇪🇺🇦🇺

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.