USDCHF: Important Decision Ahead

13 Nis 2021

USDCHF is approaching strong daily structure support.

On 4H the price is slowing down within a falling wedge pattern.
It is a clear sign of weakness & local indecision.

To catch the next move, focus on breakout:

• In case of a bullish breakout of resistance of the wedge,
  a pullback will be expected to 0.93 structure
  
  
• In case of a bearish breakout of yellow support,
  bearish continuation will be expected with the next goal 0.915
  

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