ðââïļUSDCHF is moving in an Ascending Channel and is currently near the ðīResistance zone(0.891 CHF-0.882 CHF)ðī and ðĄPotential Reversal Zone(PRZ)ðĄ. It also managed to break the Uptrend line.
ðI expect USDCHF to start to decline after entering the ðĄPotential Reversal Zone(PRZ)ðĄ and at least break down to the ðĒSupport zone(0.874 CHF-0.871 CHF)ðĒ.
U.S.Dollar/Swiss Franc ( USDCHF ) 4-hour time frameâ°.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
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