USDCHF possibly creating higher low after retesting major level
- We saw USDCHF retest a major level and push to the downside a few weeks ago.
- We are now seeing a pull back to the upside. I am calling this a possible higher low.
- It is also the 0.5 level on the daily time frame.
I have a pending order placed at 0.92039, as I think there will most likely be an increase of bearish pressure at this level.
- We are now seeing a pull back to the upside. I am calling this a possible higher low.
- It is also the 0.5 level on the daily time frame.
I have a pending order placed at 0.92039, as I think there will most likely be an increase of bearish pressure at this level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.