UsdChf- Bullish short term, bearish medium term. What to do?
UsdChf is in a bearish trend for quite some time and recently broke under very important 0.88 zone support.
After reaching a low at 0.8550. Here the pair found support and formed a small double bottom which could lead to further gains.
In conclusion, in the short term, a rise to test the broken support, now resistance is not out of the question and short-term traders can try to speculate this potential rise.
However, if you want to stay on the safe side, a sell in 0.88 zone is a better choice.
After reaching a low at 0.8550. Here the pair found support and formed a small double bottom which could lead to further gains.
In conclusion, in the short term, a rise to test the broken support, now resistance is not out of the question and short-term traders can try to speculate this potential rise.
However, if you want to stay on the safe side, a sell in 0.88 zone is a better choice.
Christmas & New Year Offer: 40% Discount- More Details: t.me/IacobMihai
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.