And so, USDCHF rose above 0.9350, but failed to close above this mark. There are some signs of weakening bullish momentum. Given the moment, the pair may begin to consolidate and retreat a little.
A close above 0.9350 would target the March high (~ 0.9472). A drop below 0.92340 will ease the bullish pressure.
Today, a downward movement is expected within the boundaries of the uptrend channel.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
A close above 0.9350 would target the March high (~ 0.9472). A drop below 0.92340 will ease the bullish pressure.
Today, a downward movement is expected within the boundaries of the uptrend channel.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
