We can see USDCHF in a bullish momentum on the 4 Hours & On the Daily Time Frames. We are 90% most likely to rise up to the yellow line, where the resistance is!
2 possible outcomes are: 1. We get to the resistance and then retest a little then continue our way up to the selected area. (70% Most likely would happen!) 2. We reject off the yellow line and drop sharply after consolidation! (30% Most likely would happen!)
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.