USDCHF - towards 0.90810?OANDA:USDCHF is currently approaching a key support level that has acted as a strong base for upward price movement. Recent price behavior suggests this level could once again turn into a significant demand zone.
If we see confirmation of bullish sentiment—such as increased buying activity or reversal candlestick patterns—there’s potential for the price to go towards 0.90810, aligning with the current trend. If the support is broken, it may point to a reversal in momentum, potentially leading to further declines.
I am prepared for potential volatility to adjust the risk management accordingly.