Hello, dear traders, we are new here, so we ask you to support our ideas by asking "SUBMIT" and COMMENTS, and you can also freely ask any questions in the comments, we will try to answer everyone, thank you guys.
Today we will look at the price of USD/CHF .
After strong downward impulse price broke old support level and declined from $0.9900 to $0.9400 level.
At the moment I expect that price can bounce of $0.9400 level and start rise to my first target which is located at $0.9510 level.
After price reached first target, I think swiss franc continue move up to resistance level.
Resistance level is my second target which is located at $0.9620
I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits
Today we will look at the price of USD/CHF .
After strong downward impulse price broke old support level and declined from $0.9900 to $0.9400 level.
At the moment I expect that price can bounce of $0.9400 level and start rise to my first target which is located at $0.9510 level.
After price reached first target, I think swiss franc continue move up to resistance level.
Resistance level is my second target which is located at $0.9620
I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits