Chart of the day USDCHF

USDCHF is retesting the broken upside resistance

On the USDCHF daily chart, we can see that the pair is retesting a previously broken upside resistance 1.0100-1.0150 zone. This zone should hold for an upside continuation. Only a daily close below 1.0100 will invalidate the possible upside extension.
Note: look for the long trade entry with the stop loss below the 1.0100 level in the case of a bounce confirmation

 

 

 

Telegram channel https://t.me/Trendtadingdna

TRY US

Sponsored by our recommended brokers  Try our Managed accounts

 

Scroll to Top
×