Analysis of #USDCHF
here we have an initial move or start for what could be considered as a new uptrend and am looking at this for a chance to but some dollar, the thing is am like many traders who are not a fan of Swiss frank.
looking at this setup we have a confirmed trend rotation and I have laid out on the chart why I like this idea to buy
key level with trend line support also FIB 161.8 extension could be a very good reason to buy.
i will be watching this to see if it will provide a reason to enter long
Check today analysis below⠀
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-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You