USDCHF: Two Key Levels to Watch 🇺🇸🇨🇭

Hey traders,

Bears keep pushing USDCHF.
Here are two strong key levels to watch to catch an occasional pullback:

• Support 1 - 0.887
  To buy with a confirmation, wait for a bull breakout of the underlined channel
  
• Support 2 - 0.8755
  Year's low. Being heavily oversold, the price will most likely bounce from this level.
  

P.S
I guess you noticed that the last two weeks the market is quite strange.
So many false breakouts/violations.
Hopefully soon the market will get back to the norm.

Kommentera:

Check my new idea on AUDCHF: