USDCHF reversed off resistance, potential for further drop!
Price is approaching our first resistance (horizontal pullback resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) where we might see a corresponding drop to our first support level (horizontal overlap support, 100% Fibonacci retracement, 61.8% Fibonacci retracement).
Ichimoku is showing signs of bearish pressure as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Ichimoku is showing signs of bearish pressure as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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