The recent Bearish move in USDCHF reaffirms that the upper trendline from the start of the year is still in play.
We are currently in an area where we may see a pullback. As the pair opens the week at the bottom of a smaller channel.
9500 has been a significant S/R level in the pair, a move above it can trigger some bullishness.
A break below the smaller channel can trigger continuation on the downside.
We are currently in an area where we may see a pullback. As the pair opens the week at the bottom of a smaller channel.
9500 has been a significant S/R level in the pair, a move above it can trigger some bullishness.
A break below the smaller channel can trigger continuation on the downside.
