USDCHF - ANALYSIS

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👀 Observation:
Hello, everyone! I hope you're all doing well. Let me share my personal view on USD/CHF with you.

Based on what I see, USD/CHF is currently trading within a weekly and monthly range between 0.92448 and 0.83326. At the moment, it is positioned near the top of this range, and I anticipate a move downward toward the bottom of the range.

There’s also a possibility of a shadow move, bringing the price up to 0.93708 before continuing lower.

📉 Expectation:
A downward move from the top of the range toward 0.83326, with the potential for a spike to 0.93708.

💡 Key Levels to Watch:
Resistance: 0.93708 (potential shadow), 0.92448
Support: 0.83326

💬 What’s your view on USD/CHF this week? Feel free to share your analysis in the comments!

Trade safe

Penafian

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