Two possible scenarios on USDCHF
Our pair is move harmonically in a bearish channel after having broken a long-term support trend-line, where I expect the price to return to soon enough. USD shows recovery signs this week so it's a nice time to look for bullish scenario.
However the bullish trend could happen either after one more touch of the lower boundary of the channel or after the bullish breakout of the triangle that is being formed in the short run.
Time will show the road! Our role is to wait until a clean sign of where the price is moving to.
However the bullish trend could happen either after one more touch of the lower boundary of the channel or after the bullish breakout of the triangle that is being formed in the short run.
Time will show the road! Our role is to wait until a clean sign of where the price is moving to.
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