USDCHF has an overall bearish movement on the long run . The consolidation block was broken after strong support lines was formed . Basic price action suggest that support turns into resistance.
The second consolidation block was broken and formed a bullish trendline . This line was broken and suggest bearish movement until the second consolidation block.
Check out my telegram page otforex .
The second consolidation block was broken and formed a bullish trendline . This line was broken and suggest bearish movement until the second consolidation block.
Check out my telegram page otforex .
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.