WalterMoon

USDCHF - Price can make a little movement down and continue rise

לונג
FX:USDCHF   דולר אמריקאי / פרנק שוויצרי
Hi guys, this is my overview for USDCHF, feel free to check it and write your feedback in comments👊

Some days ago price entered to rising channel, in which it firtsly fell to support line, breaking $0.8795 level.

But soon, price bounced and made strong upward impulse to resistance line of channel, breaking two resistance levels.

After this, Swiss Franc corrected the $0.8900 level, which coincided with the support area and sometimes traded near.

Later, the price reached support line of channel again, and a not long time ago, it bounced from this line and continued to rise.

In my mind, Swiss franc can make a little movement down and then bounce up to $0.9055 resistance line of rising channel.

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