USDCHF - Price can make a little movement down and continue rise
Hi guys, this is my overview for USDCHF, feel free to check it and write your feedback in comments👊
Some days ago price entered to rising channel, in which it firtsly fell to support line, breaking $0.8795 level.
But soon, price bounced and made strong upward impulse to resistance line of channel, breaking two resistance levels.
After this, Swiss Franc corrected the $0.8900 level, which coincided with the support area and sometimes traded near.
Later, the price reached support line of channel again, and a not long time ago, it bounced from this line and continued to rise.
In my mind, Swiss franc can make a little movement down and then bounce up to $0.9055 resistance line of rising channel.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some days ago price entered to rising channel, in which it firtsly fell to support line, breaking $0.8795 level.
But soon, price bounced and made strong upward impulse to resistance line of channel, breaking two resistance levels.
After this, Swiss Franc corrected the $0.8900 level, which coincided with the support area and sometimes traded near.
Later, the price reached support line of channel again, and a not long time ago, it bounced from this line and continued to rise.
In my mind, Swiss franc can make a little movement down and then bounce up to $0.9055 resistance line of rising channel.
If this post is useful to you, you can support me with like/boost and advice in comments❤️