Swiss Franc can bounce from support zone and start to rise

Hello my friends, today I want to talk to you about USDCHF.

I made a few conclusions about Swiss Franc.

Not time ago price made fake breakout of downward channel and now back inside.

At the moment price trades close to support line.

I expect that Swiss Franc can start rise and reach my first target at $0.9400 level which coincide with resistance line of downward channel.

Then I think price can exit of channel and continue to rise.

In this case I set up my next target at $0.9460 which coincide with resistance line on a chart.

I expect such a scenario.

This is an article not financial advice, always do your own research.

If you still have questions, you can write it in the comments below and I will answer them.

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