Hello,
USDCHF has tested the 1-year pivot point, where it found strong support. At this stage, we can anticipate an upward movement towards the 1-month and 1-week pivot points. After reaching those levels, the price is likely to revisit the 1-year pivot point and face resistance, potentially leading to a downside move.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
USDCHF has tested the 1-year pivot point, where it found strong support. At this stage, we can anticipate an upward movement towards the 1-month and 1-week pivot points. After reaching those levels, the price is likely to revisit the 1-year pivot point and face resistance, potentially leading to a downside move.No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
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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.