Swiss Franc could bounce off resistance level and fall
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Today we will look at the price of USD/CHF.
I draw your attention to the chart, where we can see how the Swiss Franc left the range and fell below.
Where it was able to break through the next support line, which has now become the resistance line.
Now the price is trading under the resistance level.
The Swiss Franc can rise a little, then retest a resistance level and continue to fall.
In my opinion, the price can test the resistance level and drop lower to the level 0.9400 where I see our goal.
I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits
Today we will look at the price of USD/CHF.
I draw your attention to the chart, where we can see how the Swiss Franc left the range and fell below.
Where it was able to break through the next support line, which has now become the resistance line.
Now the price is trading under the resistance level.
The Swiss Franc can rise a little, then retest a resistance level and continue to fall.
In my opinion, the price can test the resistance level and drop lower to the level 0.9400 where I see our goal.
I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits
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