U.S. Dollar / Swiss Franc
Short
Updated

SELL TREND in USDCHF market, Breakdown the uptrend..

497
πŸ“‰ USDCHF Price Forecast πŸ“‰
USDCHF
USDCHF has broken down the ascending channel with a strong bearish candle, signaling a shift to a downtrend. Currently, the pair is moving towards a retracement of the broken channel, where an order block is also present.

Traders should wait for a confirmation with a bearish candle and a breakdown of the 200 EMA to validate further downside movement toward our targets.

🎯 Technical Target Levels:
0.9020, 0.8980, and 0.8920.

πŸ“Œ Key Highlights:
-Ascending channel breakdown confirmed.
-Retracement towards order block in progress.
-Watch for 200 EMA breakdown for further bearish continuation.
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Trade active
trade activated on the retracement level of ascending channel it's time fall...
Trade closed: stop reached

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