USDCHF WEEKLY TIMEFRAME
-price failed to close above weekly highs of 1.03300 area and has now rejected.
- however the weekly bearish trendline which was broken 2016 November along with the box range price was consolidating in is a high probability area for a standard breakout retest continuation scenario
- I will be monitoring price around the 0.99/98 level for Bullish price action
-price failed to close above weekly highs of 1.03300 area and has now rejected.
- however the weekly bearish trendline which was broken 2016 November along with the box range price was consolidating in is a high probability area for a standard breakout retest continuation scenario
- I will be monitoring price around the 0.99/98 level for Bullish price action