USD/CHF-4 Hour overview

Hello everybody!

-On a 4-hour time frame, we can see that the price reached support, and then the price tested and rejected that zone.

-We can see that the price started moving in a bullish direction after retest.

-We can see that the stochastic indicator is in an oversold area and we can see that stochastic indicator made a crossover.

-On a 4-hour base, USD is stronger than CHF and on a daily base, USD is a little bit weaker than CHF.

-If USD remains stronger than CHF then we can expect bullish movement and if CHF remains stronger then we can expect bearish movement!

-WHAT DO YOU THINK ABOUT THIS SETUP?
Please let me know in the comment section!

THANKS FOR READING!

-If you have some different opinions please let me know and if you like this please hit that like button and give me support, I will appreciate every support.

-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial
advice.