Key Target: 0.83000 / 0.83500 (Master-Short Target)
Exciting week ahead! The analysis shows a clear downtrend – the target of 0.8300 remains in focus.
Market Situation & Structure
USD/CHF is currently at 0.88625, reflecting a decline of -0.37%.
The price has repeatedly gone through cyclical highs and lows, with the last high around 0.91500, followed by a downward movement.
The long-term structure indicates a possible continuation of the downtrend.
Exciting week ahead! The analysis shows a clear downtrend – the target of 0.8300 remains in focus.
Market Situation & Structure
USD/CHF is currently at 0.88625, reflecting a decline of -0.37%.
The price has repeatedly gone through cyclical highs and lows, with the last high around 0.91500, followed by a downward movement.
The long-term structure indicates a possible continuation of the downtrend.
Trade active
Trade closed: target reached
....
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.
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.