๐ CHF/USD Technical Analysis Update ๐
๐น Pair: CHF/USD
๐น Timeframe: 4H โณ
๐น Trend: Following Ascending Channel ๐ but showing signs of reversal!
๐ก Current Setup:
โ
Price failed to break out & looking to drop back to entry level: 1.1330
โ
EMA 20, 50, 100, 200 indicating potential bearish move
๐ฏ Technical Targets:
๐ 1st Target: 1.1215 ๐ฏ
๐ 2nd Target: 1.1050 ๐
โ ๏ธ Watch for confirmation before entering! A strong rejection from resistance could fuel the drop! ๐
๐ฌ Like, Follow & Comment your thoughts! ๐ฅ