USDCHF is currently trading near a significant resistance zone, as highlighted in the chart. This area coincides with a prior supply zone that has historically acted as a reversal point. The structure suggests that sellers may step in, pushing the price lower. If the pair confirms rejection from the resistance, we could see price drop towards 0.89420.
If you agree with this analysis or have any additional insights, feel free to share your thoughts in the comments!
If you agree with this analysis or have any additional insights, feel free to share your thoughts in the comments!
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🔥 Best BROKER - Get 20% Deposit BONUS - bit.ly/41UtANI
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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.