USD-CHF
This currency pair is moving in a descending trend channel and currently the price is located near the resistance, which is also near the upper line of the trend channel. Given the current data and price action, it can be assumed that the price will break through the upper trend line and at the same time the resistance level and will continue to grow. That's why we think it's an ideal time to go long.
This currency pair is moving in a descending trend channel and currently the price is located near the resistance, which is also near the upper line of the trend channel. Given the current data and price action, it can be assumed that the price will break through the upper trend line and at the same time the resistance level and will continue to grow. That's why we think it's an ideal time to go long.