USDCHF > Near Resistance Level, Good for A Buy!!
Analysis on #USDCHF
While the geopolitical remains the main market mover we can expect the CHF to keep on strengthening and looking at the chart I think the market will soon reach a strong daily support level.
>> If the market comes to my daily structure support zone near 0.9190-0.9200 where the market turned bullish in the past, I will then look for a reversal pattern before committing to a buying trade with a good risk to reward if the entry rules are met.
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Dear Traders, the best "T h a n k Y o u" will be your likes and comments!
Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only*
While the geopolitical remains the main market mover we can expect the CHF to keep on strengthening and looking at the chart I think the market will soon reach a strong daily support level.
>> If the market comes to my daily structure support zone near 0.9190-0.9200 where the market turned bullish in the past, I will then look for a reversal pattern before committing to a buying trade with a good risk to reward if the entry rules are met.
________________________________________
Dear Traders, the best "T h a n k Y o u" will be your likes and comments!
Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only*
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