Hello my friends, today I want to talk to you about USDCHF.
I made a few conclusions about Swiss Franc.
After consolidation price made downward impulse and broke support level.
Then Swiss Franc started trades inside of upward channel.
Recently, price broke resistance line, but soon back below and made fake breakout.
I expect that Swiss Franc can start to decline and exit from upward channel.
That's why I set up my target at $0.9250 level.
I expect such a scenario.
article not financial advice, always do your own research.
If you still have questions, you can write it in the comments below and I will answer them.
And please don't forget to support this idea with your like and comment, thanks.
I made a few conclusions about Swiss Franc.
After consolidation price made downward impulse and broke support level.
Then Swiss Franc started trades inside of upward channel.
Recently, price broke resistance line, but soon back below and made fake breakout.
I expect that Swiss Franc can start to decline and exit from upward channel.
That's why I set up my target at $0.9250 level.
I expect such a scenario.
article not financial advice, always do your own research.
If you still have questions, you can write it in the comments below and I will answer them.
And please don't forget to support this idea with your like and comment, thanks.