USDCHF ( SELL ORDER 2.30% )
🎗️Name : USD/CHF
🗨Time Frame : 4hrs Chart
(🖇️Short Order )
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🧾 : WHY IS USDCHF GOING DOWN?
USD/CHF is often considered a "safe haven" currency cross. When there is economic or political uncertainty, investors often flock to safe havens to protect their wealth. This could lead to a strengthening of the CHF against the USD as more investors buy Swiss francs to minimize risk. At the same time, this may also result in increased interest in assets such as US Treasuries and gold as safe havens. This demand can negatively affect the stock market
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🔻Bearish Break
0.91223 Area
Reasons
Major Turn level / W
Visible range Lvn
ABC Target
Trend Line
M / W High
➕Take Profit
Second entry
0.89763
🔺Bullish Reversal
0.87900 Area
Reasons
Major Turn level / D
Visable Range HVN
Inner Up Tren
M / Low
ABC Target
——————————
🗨Time Frame : 4hrs Chart
(🖇️Short Order )
------
🧾 : WHY IS USDCHF GOING DOWN?
USD/CHF is often considered a "safe haven" currency cross. When there is economic or political uncertainty, investors often flock to safe havens to protect their wealth. This could lead to a strengthening of the CHF against the USD as more investors buy Swiss francs to minimize risk. At the same time, this may also result in increased interest in assets such as US Treasuries and gold as safe havens. This demand can negatively affect the stock market
——————————
🔻Bearish Break
0.91223 Area
Reasons
Major Turn level / W
Visible range Lvn
ABC Target
Trend Line
M / W High
➕Take Profit
Second entry
0.89763
🔺Bullish Reversal
0.87900 Area
Reasons
Major Turn level / D
Visable Range HVN
Inner Up Tren
M / Low
ABC Target
——————————
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