SamerHa

A New Trend Reversal for USDCHF This Week?

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SAXO:USDCHF   美元 / 瑞士法郎
USDCHF has repeatedly failed to break above the resistance area of 0.93407-0.93476 on the hourly chart.

Now, Heikin Ashi chart indicates a beginning of a trend reversal. So, the levels of 0.93217-0.93170 and 0.92998 are the next targets of the USDCHF pullback move.

On the flip side, a breakout above the blue shaded area may invalidate the pervious hypothesis and will target the levels of 0.93754-0.93799 then.

(Support & resistance and Fibonacci levels are based on the candlestick chart.)
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