Hey traders,
USDCHF is trading in a global bearish trend.
The market is falling since 2016.
The price set a new low at the beginning of 2021.
Then a correctional movement started.
Since August the pair is trading within a horizontal trading range.
I believe that the next bearish rally will initiate after a bearish breakout of a range's support.
Next goals will be 0.894/0.88
Remember that the range can be broken to the upside as well.
In case of such a scenario, the market may retest 0.947 year's high.
❤️Please, support this idea with like and comment!❤️
Komentarz:
Check my new analysis on EURAUD:
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅