USDCHF:Identifying a Correction Phase and Potential selling Zone

331
Hey Traders, In tomorrow's trading session, our attention is on USDCHF as we identify a potential selling opportunity around the 0.86700 zone. USDCHF is currently trading in a downtrend and is in the midst of a correction phase, making the 0.86700 level a crucial area of interest.

As traders, it's essential to carefully analyze the price action in the vicinity of 0.86700, as it represents a key support and resistance area within the broader downtrend. This zone could serve as a strategic entry point for short positions, aligning with the overall market trend.

Trade safe,
Joe.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.