USDCHF may come downside now.
USDCHF is under selling pressure! the price is now at resistance zone.
USDCHF is currently consolidating between the SUPPORT and RESISTANCE zones and the price is now at resistance so we can expect the selling pressure here and it may get down now.
SUPPORT LEVEL :- 0.84164 & 0.84047
RESISTANCE LEVEL :- 0.85368 & 0.85163
i analyzed the chart using Support and Resistance levels. according to my analysis it suggests that :-
USDCHF is currently consolidating between the SUPPORT and RESISTANCE zones and the price is now at resistance so we can expect the selling pressure here and it may get down now.
SUPPORT LEVEL :- 0.84164 & 0.84047
RESISTANCE LEVEL :- 0.85368 & 0.85163
i analyzed the chart using Support and Resistance levels. according to my analysis it suggests that :-
- Entry price :- 0.85275
- Take Profit :- 0.84589
- Stop loss :- 0.85957
Trade closed: stop reached
Resistance brokeout and hits the stoploss. lets recovver ssoon.
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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.