USDCHF forms a head and shoulders pattern
On the 4-hour chart, USDCHF forms a head and shoulders top pattern. At present, we can pay attention to the resistance near 0.8800. If the rebound is blocked, we can consider shorting. Pay attention to the support near 0.8700 below. After breaking through, the support below is near 0.8620.
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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.