USD/CHF: a short-term drop pending?

١٥ أبريل ٢٠٢٢

As it can be inferred from the graph, the price is currently forming a top at the 0.943 area of resistance. Moreover, it can be observed that the price is rejecting the upper boundary of the ascending channel. We are expecting for a drop to happen and setting our initial target at the area of support illustrated on the chart.