USDCHF ! Price is in a downtrend. Testing the resistance zone🥶
USDCHF is trading in a global downtrend. On the chart I showed the price channel in which the currency pair is and two zones: a resistance zone and a support zone.
We can see that the price is testing the resistance zone and there is a chance that a rebound from the resistance of the price channel will be formed.
I assume that since we have a strong downtrend, the price testing the resistance zone and the downtrend channel, we have to wait for the set-up, which will confirm the change of the local trend and show us the beginning of the fall. The short-term target is the support area at 0.9394.
Regards R.Linda!
We can see that the price is testing the resistance zone and there is a chance that a rebound from the resistance of the price channel will be formed.
I assume that since we have a strong downtrend, the price testing the resistance zone and the downtrend channel, we have to wait for the set-up, which will confirm the change of the local trend and show us the beginning of the fall. The short-term target is the support area at 0.9394.
Regards R.Linda!
🌹TRADING is a CASINO💔!?
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com
Penerbitan berkaitan
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.