VasilyTrader

USDCHF: Two Key Levels to Watch 🇺🇸🇨🇭

Short
VasilyTrader Updated   
OANDA:USDCHF   U.S. Dollar / Swiss Franc

Hey traders,

Bears keep pushing USDCHF.
Here are two strong key levels to watch to catch an occasional pullback:
  • Support 1 - 0.887
    To buy with a confirmation, wait for a bull breakout of the underlined channel
  • Support 2 - 0.8755
    Year's low. Being heavily oversold, the price will most likely bounce from this level.

P.S
I guess you noticed that the last two weeks the market is quite strange.
So many false breakouts/violations.
Hopefully soon the market will get back to the norm.

Comment:
Check my new idea on AUDCHF:

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