๐โโ๏ธUSDCHF is moving in an Ascending Channel and is currently near the ๐ดResistance zone(0.891 CHF-0.882 CHF)๐ด and ๐กPotential Reversal Zone(PRZ)๐ก. It also managed to break the Uptrend line.
๐I expect USDCHF to start to decline after entering the ๐กPotential Reversal Zone(PRZ)๐ก and at least break down to the ๐ขSupport zone(0.874 CHF-0.871 CHF)๐ข.
U.S.Dollar/Swiss Franc ( USDCHF ) 4-hour time frameโฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
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