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


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




Warning: Before any investment in Forex you need to carefully consider your targets, previous experience, and risk level. FX trading can result in the loss of your money, therefore, you should not invest capital that you cannot afford to lose.