USDCHF is currently ranging after a strong downtrend, now testing the 0.79886 resistance level. Price is bouncing between this resistance and support at 0.79178, showing signs of indecision.
Support at: 0.79178 🔽
Resistance at: 0.79886 🔼
🔎 Bias:
🔼 Bullish: Break and close above 0.79886 targets 0.80697 and possibly 0.81564.
🔽 Bearish: Rejection from 0.79886 and break below 0.79178 could resume the bearish trend.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
Support at: 0.79178 🔽
Resistance at: 0.79886 🔼
🔎 Bias:
🔼 Bullish: Break and close above 0.79886 targets 0.80697 and possibly 0.81564.
🔽 Bearish: Rejection from 0.79886 and break below 0.79178 could resume the bearish trend.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
Trade closed: target reached
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.
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.