The USD/CHF is currently held by its long term resistance zone of 1.00600.
Moreover, an engulfing candle candle has formed indicating the arrival of bears.
Hence, we expect the pair to be bearish and move to the support zone indicated in the chart.
Moreover, an engulfing candle candle has formed indicating the arrival of bears.
Hence, we expect the pair to be bearish and move to the support zone indicated in the chart.
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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.