USDCHF: Best sell signal since May 2024.

189
USDCHF is bullish on its 1D technical outlook (RSI = 60.917, MACD = 0.006, ADX = 41.659) as it has been on a nonstop rally supported by the 1D MA50 since October 4th 2024. The wave has reached the top of the long term Rectangle pattern and almost the R1 level. Alast time it was there (May 1st 2024), it got heavily rejected. We expect at least a test of the S1 level (TP = 0.85550).


## If you like our free content follow our profile to get more daily ideas. ##

## Comments and likes are greatly appreciated. ##

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.