USDCHF Analysis: Potential Range Trading Pattern[

USDCHF Analysis: Potential Range Trading Pattern

The USDCHF currency pair appears to be forming a significant range trading pattern between 0.8965 and 0.9200, approximately 235 pips.

After finding strong support at 0.8965, the price is on the rise again. Notable resistance zones are expected around 0.9045, 0.9080, and 0.9135.

However, this time you have to be careful.
If the price drops below 0.8965, a larger bearish wave may commence. Therefore, it is crucial to trade with a stop loss and consider this bearish scenario in your trading strategy.

You may find more details in the chart!
Thank you and Good Luck!

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