USDCHF DOWN
Bias Bearish
Fundamental
CHF is holding with strength. USD is weakening with data.
Price Action
Price rejection from H4 SR level. Price formed a Head & Shoulder pattern and broke below H1 SR level (neckline) and Price also broke bullish Trendline. Price done a market structure shift towards downside. Bearish momentum is expected to continue
Confluence
H1 SR level, H1 bullish TL, H4 SR level
Fundamental
CHF is holding with strength. USD is weakening with data.
Price Action
Price rejection from H4 SR level. Price formed a Head & Shoulder pattern and broke below H1 SR level (neckline) and Price also broke bullish Trendline. Price done a market structure shift towards downside. Bearish momentum is expected to continue
Confluence
H1 SR level, H1 bullish TL, H4 SR level
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