USDCHF 4H Analysis, 5th July 2021
Daily Trend : Bullish
4H Trend : Bullish
Trade Scenario 1 :
UChf is in an uptrend, we can spot that it has broke High and formed new HH. We could consider the downside push right now is a retracement to make new LH, we could use 61.8%-78.6% as a potential PRZ
Trade Scenario 2 :
To consider bearish, we need to see a break below 0.91500 key level area
4H Trend : Bullish
Trade Scenario 1 :
UChf is in an uptrend, we can spot that it has broke High and formed new HH. We could consider the downside push right now is a retracement to make new LH, we could use 61.8%-78.6% as a potential PRZ
Trade Scenario 2 :
To consider bearish, we need to see a break below 0.91500 key level area
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