Swiss Franc can rebound up from support line to resistance level

Hello traders, I want share with you my opinion about Swiss Franc. By observing the chart, we can see that the price started to trades in a downward pennant, where it first rebounded from the resistance line and made a strong downward impulse to the support line, thereby breaking 0.8720 and 0.8490 levels. But after this, CHF at once rebounded from the support line of the pennant, and made a short impulse up to 0.8490 support level, which coincided with the buyer zone, and soon broke this level. After the price some time traded near this level, it bounced and started to rise to the resistance level, which coincided with the seller zone and the resistance line of the pennant. When Swiss Franc reached this area, the price at once turned around and in a short time declined to support line of pennant. But a not long time ago, the price bounced and started to rise. So, I think that the Swiss Franc can fall to the support line, making a little correction, and then rebound up to the resistance level, thereby exiting from the pennant, pattern. For this case, I set my target at the 0.8720 resistance level. Please share this idea with your friends and click Boost 🚀