GBPCHF opens at 1.21700s near huge resistance. Reversal?
Updated
GBPCHF will open up at around 1.21700s with that area and 1.22 being the highest consistent resistance. Considering GBPCHF is in a range, are we going to see a reversal, back down to monthly 1.17500s?
Wait for price action to then sell at around the 1.21700 - 1.22 area.
Wait for price action to then sell at around the 1.21700 - 1.22 area.
Comment
I used a currency site that's usually accurate that said it'd open at a gap, but guess not. Downside bias remains at blue zone.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.