2023-01-10 15:34:40
USDCHFSwiss Franc can bounce up and break resistance levelHello my friends, today I want to talk to you about USDCHF.
I made a few conclusions about Swiss Franc.
After price bounced from support line it made upward impulse and exited of downward channel.
Also, Swiss Franc tried to break resistance level $0.9380, but fell and broke support level $0.9230
Now price trades very close to this level and I expect that Swiss Franc can bounce up and break it again.
Then I think price can reach my first target, which is at $0.9290 level, make retest of this level and continue to rise.
For this reason, I set up next target at $0.9380 resistance level.
I expect such a scenario.
This is an article not financial advice, always do your own research.
https://www.tradingview.com/x/FRl7mSpA/
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