USDCHF Analysis April 5, 2020

Up on our weekly timeframe we are still in the supply zone that we are finding a lot of resistance at. We need to cycle down timeframes in order to get a better idea of what’s going on. On the daily timeframe we are currently showing some indecision candles and I believe we are getting ready to push lower. H4 timeframe we have broken below our key level of support and at the moment have been retesting numerous times. Two scenarios are marked as we look to go lower.