MrCharlie1

đŸ“‰đŸ’ŒTrading Alert: USD/CHF Facing Resistance Turned Support!📊🔍

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MrCharlie1 Uppdaterad   
OANDA:USDCHF   USA-dollar/Schweizisk franc
đŸ“‰đŸ’Œ Trading Update: USD/CHF Analysis đŸ’ŒđŸ“‰

🔍 Keeping a keen eye on USD/CHF! 🔍

📉 The USD/CHF pair is currently testing a critical support-turned-resistance level after a recent breakout. This shift suggests a bearish confirmation, indicating potential downward pressure.

📊 On the hourly chart, we can spot a horizontal range, with the breach of its support signaling a bearish sentiment taking hold.

💡 Considering these technical cues, there's a chance that USD/CHF might aim for the 0.9070 level in the near term.

💬 Let's stay vigilant and see how this scenario unfolds! 💬

#TradingAnalysis #USDCHF #ForexMarket đŸ“‰đŸ’ŒđŸ”đŸ“ŠđŸ’ĄđŸ’Ź
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