___________________________________________
on 27 Dec

Long Term: The pair USDCHF is in downtrend on all major timeframes. In the long term we can see a huge descending trend since july 2001.
Medium Term: After a medium term top at 0,98 level, we have a downtrend since we broke down the 0,95 level. Now possibly ending the trend with a double bottom formation. If we dont break down 0,88 level may mean that the long term support zone 0.89 - 0.88 continues holding the price, at least for a medium-term sideways movement.
___________________________________________

After the double bottom price brokeout the medium-term TL. Now is making a potential pull back, re-entered at 0,9034.


Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –