Dollaro / Franco svizzero
Long
Aggiornato

USD/CHF Poised for a Bullish Reversal at Key Support

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The USD/CHF pair is currently trading near a significant support level around 0.8950, with bullish signals emerging. The harmonic Bat pattern suggests a potential reversal, aligning with historical price reactions at similar levels. Additionally, the presence of green buy markers and RSI indicators approaching oversold conditions indicate possible upward momentum.

If price sustains above the 0.8950 region, a bullish move towards 0.9000 and beyond could unfold, with further resistance around 0.9120. Confirmation of reversal signs, such as bullish candlestick formations and RSI divergence, will strengthen the case for a recovery.
Trade chiuso: stop raggiunto
Failing to close above 0.9000, a big figure psychology number gave the clue that price will continue bearish.
Nota
Good Spot by Riiv who called it from early this week

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