U.S. Dollar / Swiss Franc
Short

Lingrid | USDCHF short from RESISTANCE zone

496
The price perfectly fulfills my previous idea. USDCHF has broken through key support levels and a range zone, which led to an impulsive leg down. Breaking the resistance zone suggests that the price may continue to decline. Given the current downtrend, I expect the price to either fall from this resistance or potentially enter a range, as the market has showed a lot of bearish movement recently. My target is the support level near 0.88050

Lingrid | USDCHF trend CONTINUATION trade


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

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