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USDCHF Supply Becomes Demand
U.S. Dollar / Swiss Franc
Long
USDCHF Supply Becomes Demand
By IllusiveShroud
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Nov 3, 2022
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Nov 3, 2022
After a strong wick rejection from the previous lower demand zone price has broken through an area previously established as Demand.
Price action shows it is currently being rejected, with price rounding out around the area.
I now anticipate a push to the upside to mitigate the major USDCHF imbalance at the Supply.
Chart Patterns
supply_and_demand
Trend Analysis
IllusiveShroud
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