USDCHF BUY Daily chart

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USDCHF Summary - looks like a buy on daily chart. When price goes to 0.96408 and pulls back then I will look for buys in the 0.9400 zone. Target is 1.00217 zone.


All prices mentioned here are shown on the chart with horozontal lines.

Yellow lines: support and resistance
Skyblue lines: price lines for potential pullback zone.
White lines: pullback zone on monthly timeframe.

Price has been consolidating on the monthly timeframe between 0.88806 and 1.01479 for a long time. Price just hit the resistance 2 months ago and may be looking for a pullack to resistance area 0.00536. After pullback it may sell down to support area 0.88806.

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