USD/CHF (1H) Analysis โ€“ 24-03-2025

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๐Ÿ“Š USD/CHF (1H) Analysis โ€“ 24-03-2025

๐Ÿ“ˆ Current Price: 0.88377
๐Ÿ”ด Supply Zone (Resistance): 0.88603 โ€“ Awaiting confirmation for potential rejection.
๐ŸŸข Demand Zone (Support): 0.87537 โ€“ Key area for possible bullish reaction.

๐Ÿ“Œ Market Outlook:

Price is approaching the 0.88603 supply zone. A rejection here could push the market downward.

Scenario 1: If price rejects 0.88603, expect a drop towards 0.87537 demand zone.

Scenario 2: If price breaks above 0.88603, bullish momentum could continue higher.

โšก Trade Setup:
๐Ÿ”ป Sell Setup: If rejection at 0.88603
๐ŸŽฏ TP: 0.87537
๐Ÿ›‘ SL: Above 0.88700

๐Ÿ”ผ Buy Setup: If breakout and retest of 0.88603
๐ŸŽฏ TP: 0.88900+
๐Ÿ›‘ SL: Below 0.88400

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