USDCHF BUY Daily chart
USDCHF Summary - looks like a buy on daily chart. When price goes to 0.96408 and pulls back then I will look for buys in the 0.9400 zone. Target is 1.00217 zone.
All prices mentioned here are shown on the chart with horozontal lines.
Yellow lines: support and resistance
Skyblue lines: price lines for potential pullback zone.
White lines: pullback zone on monthly timeframe.
Price has been consolidating on the monthly timeframe between 0.88806 and 1.01479 for a long time. Price just hit the resistance 2 months ago and may be looking for a pullack to resistance area 0.00536. After pullback it may sell down to support area 0.88806.
All prices mentioned here are shown on the chart with horozontal lines.
Yellow lines: support and resistance
Skyblue lines: price lines for potential pullback zone.
White lines: pullback zone on monthly timeframe.
Price has been consolidating on the monthly timeframe between 0.88806 and 1.01479 for a long time. Price just hit the resistance 2 months ago and may be looking for a pullack to resistance area 0.00536. After pullback it may sell down to support area 0.88806.
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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.