WalterMoon

USDCHF - Price can exit from pennant and fall to $0.9065

Short
FX:USDCHF   Dollaro / Franco svizzero
Hi guys, this is my overview for USDCHF, feel free to check it and write your feedback in comments👊

Recently price started to trades in flat, where it first declined to support level, which coincided with support area.

After this, CHF rose to $0.9090 level, but soon turned around and in a short time fell back to $0.9015 level.

Price some time traded near this level and later made a strong upward impulse, breaking $0.9090 level and exiting from flat.

Later, price formed pennant pattern, where it first made correction to $0.9090 level and then rose to resistance line of pennant.

But a not long time ago, Swiss Franc fell to support area and now trades close, so I think it can reach resistance line.

Then CHF can bounce down to $0.9065, exiting from pennant and breaking support level.

If this post is useful to you, you can support me with like/boost and advice in comments❤️

💎 We are provide daily Crypto and Forex (include Gold) signals.
🔶 Free telegram channel👉 bit.ly/3ZlpPg4
🔥 VIP Signals Prices and Conditions👉 bit.ly/Vip_signals_walter
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.