We can see a potential downtrend on USD/CHF on the 1 hour timeframe.
2 resistance zones have been identified, depending on how the market moves in the coming week and around which area the price touches the trend line, we can look for potential sells around the resistance zones if we can get a good rejection.
A good target could be the 0.87500 zone marked.
2 resistance zones have been identified, depending on how the market moves in the coming week and around which area the price touches the trend line, we can look for potential sells around the resistance zones if we can get a good rejection.
A good target could be the 0.87500 zone marked.
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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.
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.