USDCHF grow from support
The price came to a strong support line at 0.876.
This line was formed in July 2020.
The last touch of the line (0.899) gave the resource price to break through the resistance level and rise to the resistance line.
Also, this line of support is one of the guiding trend lines.
In my opinion, after touching the support at 0.876, the price will start to grow.
I expect the gains to be consistent with pullbacks and corrections.
As a result, the price will come to the resistance zone (crossing the line and the resistance level).
The target is 0.902.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
This line was formed in July 2020.
The last touch of the line (0.899) gave the resource price to break through the resistance level and rise to the resistance line.
Also, this line of support is one of the guiding trend lines.
In my opinion, after touching the support at 0.876, the price will start to grow.
I expect the gains to be consistent with pullbacks and corrections.
As a result, the price will come to the resistance zone (crossing the line and the resistance level).
The target is 0.902.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
Related publications
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.