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usd chf Tomorrow's direction determines this pattern . A short reversal to top. Will the downward trend be reaffirmed?
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We have introduced you to two major levels of resistance. 1) 0.89120 (2020/12/03) 2) 0.88870 (2020/12/30) Those limits are still valid. The current downturn began in 2020/06 and was further confirmed in July of that year. The USD CHF pair pushed further down by December of that year and crashed into the next flower. Now the couple is on that floor New traders need...
, the resistance zone is located 0.88474/0.88271 , and the price goes back to a short trend.
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There is still a tendency for prices to fall to 0.87057, will be drawn to the limit. A break in that zone would bring it down to 0.86800.
The 0.88026 limit will be broken. USD CHF currency pair is likely to fall further. Pushed to 0.87727 .There is not enough evidence to reverse the trend yet. The move down to 0.87058.
102 .462, support lines may break. That would push the price down to 99.675. In the future we should also explore the area as low as 96.232. The price oscillation will build around the 107.795 resistance level and the 96.232 support level. Based on this data, we will focus on making short-term profits in the future.
What will be the future behavior of the USD CHF currency pair? Our views were clearly pointed out. You can now compare those analyzes. Stay tuned for our latest analytics in the future .Support us with your comments.
The 0.89120 resistance zone is still pushing the price back. So there is still no room for a clear change in propensity. Worth the wait. The price will fall from 0.88870 to 0.88026. Look carefully at the candle patterns, the chart patterns.