USDCHF is trading in a fairly wide range between 1.0048 and 0.9675. The price reacts very strongly to the boundaries and levels in the range. After a corrective fall to 0.96000, the price enters a consolidation phase, which stops its fall. The breakdown of the range in early June forms a strong distributive movement.
I guess since there is no energy for growth and the price made a false breakout, a rollback is possible after fixing under the level. Short-term target - support 0.98900
Sincerely, R. Linda!
I guess since there is no energy for growth and the price made a false breakout, a rollback is possible after fixing under the level. Short-term target - support 0.98900
Sincerely, R. Linda!
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