USDCHF 30min Analysis February 9th, 2021
Price is in a strong downtrend but is close to our key structure zone on the higher timeframes. Our key weekly level of .8920 acted as strong resistance for about 2 months. We are now looking for that zone to act as support and for price to consolidate. We will then look to enter long on strong bullish setups.
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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.