RLinda ! USDCHF-> The bulls are breaking through resistanc
USDCHF has been in a downtrend for a long time. The price forms a pattern that implies a breakthrough of resistance and the formation of an upward momentum
On the chart I marked the formation of a bullish set-up. The price is forming a consolidation and is breaking through the resistance of the downward wedge today. Below there is a support level at 0.9296, to which a technical pullback is forming.
I assume, if the bulls can hold the level of 0.9296, the price will start to recover under the pressure of buyers in the near future. The short-term target is the resistance level of 0.9436, the medium-term target is the level of 0.9544.
Regards to R.Linda!
On the chart I marked the formation of a bullish set-up. The price is forming a consolidation and is breaking through the resistance of the downward wedge today. Below there is a support level at 0.9296, to which a technical pullback is forming.
I assume, if the bulls can hold the level of 0.9296, the price will start to recover under the pressure of buyers in the near future. The short-term target is the resistance level of 0.9436, the medium-term target is the level of 0.9544.
Regards to R.Linda!
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NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com
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