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U.S. Dollar / Swiss Franc
Long

USDCHF: Important Decision Ahead

By VasilyTrader
snapshot

USDCHF is approaching strong daily structure support.

On 4H the price is slowing down within a falling wedge pattern.
It is a clear sign of weakness & local indecision.

To catch the next move, focus on breakout:
  • In case of a bullish breakout of resistance of the wedge,
    a pullback will be expected to 0.93 structure

  • In case of a bearish breakout of yellow support,
    bearish continuation will be expected with the next goal 0.915


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Chart PatternsForextradingTrend AnalysisUSDCHFWave Analysis
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