USDCHF: Structure Analysis

1 078
snapshot

Bulls keep pushing USDCHF.
The next resistance on focus is the area around 1.0 level.

Bulls will face with the recently broken major trendline
and bets are high that it will trigger a selling reaction.

Pay attention to price action within the rising parallel channel.
Let the market reach the identified supply area and then for a bearish breakout for confirmation.

Target levels will be 0.994/0.99

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