Here's the One USD/CHF Chart to Watch
U.S. Dollar / Swiss Franc is very close to hit lowers highs line and apex isn't far from here. According to this chart, upper breakout possibilities are higher compare to downward.
For short-term traders:
Target Price 1: 0.91200
Target Price 2: 0.91500
For long-term investors:
Target Price 1: 0.91800
Target Price 2: 0.91920+
Look into the chart, USDCHF has tested 5.7 years low after breaking out the support trendline.
Therefore, short position cannot initiate after breakout of higher lows line. A downtrend will start the support trendline breakout only. That can be for 0.90500 to 0.90250 levels.
For short-term traders:
Target Price 1: 0.91200
Target Price 2: 0.91500
For long-term investors:
Target Price 1: 0.91800
Target Price 2: 0.91920+
Look into the chart, USDCHF has tested 5.7 years low after breaking out the support trendline.
Therefore, short position cannot initiate after breakout of higher lows line. A downtrend will start the support trendline breakout only. That can be for 0.90500 to 0.90250 levels.
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Join For Free:
(Stock) - moneymunch.com/stock-tips/
(Commodity) - moneymunch.com/commodity-tips/
(Forex) - moneymunch.com/forex-tips/
Premium Services: moneymunch.com/our-service/
(Stock) - moneymunch.com/stock-tips/
(Commodity) - moneymunch.com/commodity-tips/
(Forex) - moneymunch.com/forex-tips/
Premium Services: moneymunch.com/our-service/
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.