HelenP. I expect that Swiss Franc can bounce to resistance level
394
Hi folks today I'm prepared for you Swiss Franc analytics. Some days ago price declined to resistance 2, which coincide with the resistance zone, but at once rebound up and rose to 0.9140 point. After this, the price in a short time declined below resistance 2 and then at once bounced up to the trend line. next, Swiss Franc rolled down of trend line to resistance 1, which coincides with one more resistance zone. After these movements, the price tried to rise and even reached resistance 2, which coincide with the trend line, but at once backed up to resistance 1. Later Swiss Franc made an upward impulse to resistance 2 again, but this time it broke the trend line. And a not long time ago Swiss Franc rebounded from resistance 2 and fell below resistance 1 with trend line. At the moment price trades near the trend line and maybe it can rise to resistance 1 and try to break it. After breakout I think, the Swiss Franc can make a retest and continue to grow. Therefore I set my target at 0.8940 level. If you like my analytics you may support me with your like/comment ❤️
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❤️ Welcome to my free telegram channel 👉🏼 bit.ly/418mk0x
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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.