USDCHF is trading in a bullish parallel channel . Recently it took resistance from upper boundary of channel and started its bearish uptrend. Now the price is near to lower boundary of channel.
The upper boundary of channel and horizontal resistance zone are ahead. The bulls need to close and sustain above upper boundary of channel . Any break below will bring bears in party.
Manage your trades accordingly.
The upper boundary of channel and horizontal resistance zone are ahead. The bulls need to close and sustain above upper boundary of channel . Any break below will bring bears in party.
Manage your trades accordingly.
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