fxplan

USDCHF : Look for resistance zone

In the weekly chart the technical structure favours a bullish as long as support level 0.9821 holds , but in the short-term keep an eye on resistance zone for trading signal

Plan

  • wait for reversal pattern (pinbar, engulfing) at resistance zone to confirm the bearish signal , Target at 0.9909

USDCHFH4

 

 

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