USDCHF (H4) is in a bearish channel
TP1 price target at 0.91754 and TP2 at 0.91421
- RSI has enered the oversold range at times but the trend cannot be reversed
- The rate is likely to fall to the support zone 0.91681-0.91754
- However, we should wait for the recovery to 0.92194-0.92294 zone and have bearish signal to Sell
TP1 price target at 0.91754 and TP2 at 0.91421
Order cancelled
USD/CHF (H4) remains in a bearish channelHowever, the 0.91681 support was broken, cancel the previous trading plan.
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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.