Lingrid | USDCHF waves Between SUPPORT and RESISTANCE levels for FX:USDCHF by Lingrid

Lingrid | USDCHF waves Between SUPPORT and RESISTANCE levels

The price perfectly fulfills my previous idea. It hit the TP. market is currently oscillating between the 0.9000 and 0.9200 levels. After retesting the resistance zone, the price pulled back and bounced off the psychological level at 0.9000. Given that the overall trend remains bullish on the daily timeframe, it's likely that the current sideways movement will continue rather than reverse. I anticipate the price to move higher from the support level, as it has been respected twice before, suggesting a potential foundation for a future upward move. My goal is resistance zone around 0.90940

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

Lingrid

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