USDCHF - Price can try break resistance level and continue rise
Hi guys, this is my overview for USDCHF, feel free to check it and write your feedback in commentsđź‘Š
A not long time ago price made strong downward impulse from resistance area, which coincided with $0.8550 level.
CHF declined even support level to support line, and at once bounced back, but soon repeated this movement again.
Then price finally broke $0.8420 level and rose to resistance level, after which it bounced and a short time later fell to support line.
Next, Swiss Franc bounced up from this line, made fake breakout of $0.8550 level, and then declined back.
At the moment, I think that CHF can reach resistance level again and try to break it, after which price can make a retest.
After this, Swiss Franc will bounce and continue to move up to $0.8600 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A not long time ago price made strong downward impulse from resistance area, which coincided with $0.8550 level.
CHF declined even support level to support line, and at once bounced back, but soon repeated this movement again.
Then price finally broke $0.8420 level and rose to resistance level, after which it bounced and a short time later fell to support line.
Next, Swiss Franc bounced up from this line, made fake breakout of $0.8550 level, and then declined back.
At the moment, I think that CHF can reach resistance level again and try to break it, after which price can make a retest.
After this, Swiss Franc will bounce and continue to move up to $0.8600 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️