#USDCHF
The trend is downward. Inside the channel, the price came up at the upper border.
I think that either a rebound from this 0.901 boundary or its false breakout will be completed.
If we pay attention to the global chart, we can see the breakdown of the channel and the entry of the price for the correction.
I expect to see a consolidation below the support of the channel and further downward movement towards a strong support - 0.8758
The trend is downward. Inside the channel, the price came up at the upper border.
I think that either a rebound from this 0.901 boundary or its false breakout will be completed.
If we pay attention to the global chart, we can see the breakdown of the channel and the entry of the price for the correction.
I expect to see a consolidation below the support of the channel and further downward movement towards a strong support - 0.8758