Hi Traders,
As we know investors are turning to safe haven currencies as the global situation is happening between Russia and Ukraine. With USD and CHF both being considered as safe haven currencies, it will be interesting to see which one is stronger within the next weeks to come.
Price recently made a double top at the peak expanding structure which gave us a massive drop which price is currently ranging which we may get a reversal off the lower boundary of the struvture which is a potential double Bottom.
Keep watching price action for more clarification and development of this movement.
Click the like button if this helps you :)
As we know investors are turning to safe haven currencies as the global situation is happening between Russia and Ukraine. With USD and CHF both being considered as safe haven currencies, it will be interesting to see which one is stronger within the next weeks to come.
Price recently made a double top at the peak expanding structure which gave us a massive drop which price is currently ranging which we may get a reversal off the lower boundary of the struvture which is a potential double Bottom.
Keep watching price action for more clarification and development of this movement.
Click the like button if this helps you :)