USDCHF CURRENT SITUATION. MIGHT BUY STRONGLY
USDCHF was making lower highs. It was in a clear downtrend.
Currently, it is not strong in the downtrend because the price has managed to reach the previous high. We might be getting into a ranging market or an uptrend.
Based on my previous analysis on EURUSD which goes directly opposite with USDCHF (negative co-relation) there is a high chance USDCHF might buy. I am seeing some momentum building up.
What do you think?
Thank you for checking my idea out. Do not forget to Like, Comment and Follow for more ideas.
Currently, it is not strong in the downtrend because the price has managed to reach the previous high. We might be getting into a ranging market or an uptrend.
Based on my previous analysis on EURUSD which goes directly opposite with USDCHF (negative co-relation) there is a high chance USDCHF might buy. I am seeing some momentum building up.
What do you think?
Thank you for checking my idea out. Do not forget to Like, Comment and Follow for more ideas.
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