The Diminishing Trend of USD/CHF
USD/CHF is making a slope here, between a strong resistance trendline and a support trendline. The trend made an upswing parallel channel, But it can fall and knock the control price line.
There is a possibility that It will rise to 0.9200, and then it can touch 0.9236.
Also, there is a possibility for the fall to 0.9100, which is the first target. Then it will touch 0.9060, which is the second target.
NOTE:
There is a possibility that It will rise to 0.9200, and then it can touch 0.9236.
Also, there is a possibility for the fall to 0.9100, which is the first target. Then it will touch 0.9060, which is the second target.
NOTE:
- 1.Don't buy if the trend crosses the parallel channel.
- 2. Don't sell if the trend crosses the strong resistance trendline.
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