TheTradersAvenue

USDCHF > Near Resistance Level, Good for A Buy!!

Long
OANDA:USDCHF   Dollar américain / Franc suisse
Analysis on #USDCHF

While the geopolitical remains the main market mover we can expect the CHF to keep on strengthening and looking at the chart I think the market will soon reach a strong daily support level.

>> If the market comes to my daily structure support zone near 0.9190-0.9200 where the market turned bullish in the past, I will then look for a reversal pattern before committing to a buying trade with a good risk to reward if the entry rules are met.

________________________________________
Dear Traders, the best "T h a n k Y o u" will be your likes and comments!

Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only*

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.