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Usdchfidea

USDCHF Weekly: 18/01/2023: Long term view As you can see, the price has fallen after touching the supply zone. Now we expect more fall. First I think the price will move down under an equal low. In the first scenario, the price will collect liquidity under 0.89262 and will upward move from 0.88386- 0.8926 which is shown as a demand zone on the chart. The second scenario is more optimistic for the dollar, in this scenario, the price will collect liquidity under 0.90186 and then will move upward in the support zone. ( 0.90102- 0.89262) For all of these scenarios, we need low time frame confirmation. 💡Wait for the update! 🗓️18/01/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
by VahidTradingCR
1
The USDCHF attempts to recover – AnalysisThe USDCHF pair provided clear positive trades yesterday to test the key resistance 0.9370, accompanied by witnessing clear positive signals through stochastic, to form negative pressure that makes us suggest witnessing negative trades today followed by heading towards 0.9295 and 0.9215 levels as main negative targets. Therefore, the bearish bias will be expected in the upcoming session conditioned by the price stability below 0.9370, as breaching this level will push the price to achieve additional gains and test 0.9435 before any new attempt to decline.
Short
by eltonmorningstar
1