USD CHF NEXT WEEK
Updated
Hello Traders
We have introduced you to two major levels of resistance. 1) 0.89120 (2020/12/03) 2) 0.88870 (2020/12/30) Those limits are still valid. The current downturn began in 2020/06 and was further confirmed in July of that year. The USD CHF pair pushed further down by December of that year and crashed into the next flower. Now the couple is on that floor
New traders need to study the difference between overall propensity and short-term upside.
The market took a short break to largely change space prices. To confirm a reversal of the overall trend, the price should break 0.89520 and go upstairs and check 0.89808 and expect it to break.
Can be seen in a low-low / low-high low tendency.
1 / To confirm a reversal of the uptrend the price should break 0.89520
2 /We further believe that there is not enough evidence in the market to confirm a high
trend.
3 / A break of 0.87757 continues to push the pair into the 0.87000 rang
*** Next week the price will be less than 0.89520.****
We have introduced you to two major levels of resistance. 1) 0.89120 (2020/12/03) 2) 0.88870 (2020/12/30) Those limits are still valid. The current downturn began in 2020/06 and was further confirmed in July of that year. The USD CHF pair pushed further down by December of that year and crashed into the next flower. Now the couple is on that floor
New traders need to study the difference between overall propensity and short-term upside.
The market took a short break to largely change space prices. To confirm a reversal of the overall trend, the price should break 0.89520 and go upstairs and check 0.89808 and expect it to break.
Can be seen in a low-low / low-high low tendency.
1 / To confirm a reversal of the uptrend the price should break 0.89520
2 /We further believe that there is not enough evidence in the market to confirm a high
trend.
3 / A break of 0.87757 continues to push the pair into the 0.87000 rang
*** Next week the price will be less than 0.89520.****
Note
priceNote
price go up and check 0.89808 and and expect to break ?.
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