Short

Swiss Franc can break support line and start to fall to 0.8900

Hello traders, I want share with you my opinion about Swiss Franc. Observing the chart, we can see how the price bounced up from support line and start to move up. When price rising to the seller zone, it broke two levels - 0.8900 and 0.9000, but after the Swiss Franc reached seller zone, it bounced down and started to decline. Also later price broke support line and made a correction below the 0.9000 level, and at once made an upward impulse to seller zone again. But soon Swiss franc bounced down lower 0.9000 level again to the support area, which coincide with the support level. After these movements, price started to grow inside pennant, where it continues trades to this day. In my mind price can make a little rise, then bounce down and start to decline. Also Swiss Franc can break saupport line and maybe fall to support level. For this case, I set two targets, first - 0.8945 and second - at 0.8900 support level. Please share this idea with your friends and click Boost 🚀

LegionQ8

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LegionQ8

🔷Join my telegram channel for free - bit.ly/4g4wovR

💰Want receive more profitable signals for Crypto & Forex market, write me PM 👉 bit.ly/4fNijD8

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