An extended growth
Dollar Franc has been growing since August 2024, and is in a position to possibly extend this expansion. Price action is retesting the 0.92000 barrier, after reach it this month, January 2025. If the pair remains below this barrier, price may begin transitioning into a bearish trend.
However, if the current surge manages to breakthrough with an attitude of stabilizing above the resistance zone. An expansion of price is likely going to happen. If it does break and continue up. The above resistance zones may be areas where price action will probably correct, possibly settling a bit (days/weeks) and then continue up to the established W and M tops.
Price action is ranging with a Monthly correction phase.
However, if the current surge manages to breakthrough with an attitude of stabilizing above the resistance zone. An expansion of price is likely going to happen. If it does break and continue up. The above resistance zones may be areas where price action will probably correct, possibly settling a bit (days/weeks) and then continue up to the established W and M tops.
Price action is ranging with a Monthly correction phase.
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