Once again Strong R1 zone is too strong for $USDCHF. Pair is more bearish while below R1 in shorter-term.
preference: Buy above 0.9705 with targets 0.9825 and 0.979 points.
alternative scenario: A break-down level of 0.9705 will open the way to 0.9675 and 0.964.
Analysis: Even without excluding the possibility of continuing attention of consolidation, it should be noted that it will be negligible.
preference: Buy above 0.9705 with targets 0.9825 and 0.979 points.
alternative scenario: A break-down level of 0.9705 will open the way to 0.9675 and 0.964.
Analysis: Even without excluding the possibility of continuing attention of consolidation, it should be noted that it will be negligible.