USDCHF consolidated on support/ Growth
Since June 2020, the price has been moving in a downward trend.
During the fall, it sequentially broke through the resistance level 0.902.
Then the support line is 0.894.
Then it touched the support 0.875.
And returned to growth.
In January the price rose to the support line of 0.889.
The price has been moving along the line for the last week.
She regularly makes small breakdowns (both during the growth and during the fall).
However, a strong movement has not yet begun.
I expect that after the price has repeatedly consolidated to support 0.889, it will start to rise.
The price will rise to resistance.
The target is 0.901.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
During the fall, it sequentially broke through the resistance level 0.902.
Then the support line is 0.894.
Then it touched the support 0.875.
And returned to growth.
In January the price rose to the support line of 0.889.
The price has been moving along the line for the last week.
She regularly makes small breakdowns (both during the growth and during the fall).
However, a strong movement has not yet begun.
I expect that after the price has repeatedly consolidated to support 0.889, it will start to rise.
The price will rise to resistance.
The target is 0.901.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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