Breakthrough and correction at USDCHF
The weakening of the USD led to a decrease in the USDCHF to just over 0.9000. We have not seen such values since January 2015, after SNB refused to maintain the minimum of 1.2000.
Upon reaching, we see the depletion of movement with minimally lower bottoms. We currently have a break in the trendline and a higher bottom. In case of a break at the top, the possibility for ascent will open.
The first levels of resistance are:
0.9212
0.9309
0.9361
We expect this movement to be just a correction!
If you want to know what we expect for EURUSD see the correlation with USDCHF or contact us!
Upon reaching, we see the depletion of movement with minimally lower bottoms. We currently have a break in the trendline and a higher bottom. In case of a break at the top, the possibility for ascent will open.
The first levels of resistance are:
0.9212
0.9309
0.9361
We expect this movement to be just a correction!
If you want to know what we expect for EURUSD see the correlation with USDCHF or contact us!
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❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade