Overview- USD/CHF is in a correction wave from the last two weeks. However, price is currently finding support in the 0.9180 level and the uptrend may resume very soon. Let us analyze and take a look at a possible buy signal for USD/CHF.
Analysis - From the chart, you can see that price is above the 100 day moving average, which indicates that the uptrend is intact. 0.9150 to 0.9220 could act as a strong support level. Bullish reversal candlesticks have already formed at the support level.
Probable trade set-up - Based on this, a buy entry between 0.9170 to 0.9220 with SL below 0.91 and TP at 0.9470 is a possible buy signal for USD/CHF.
Disclaimer - This is simply an analysis and not a trade recommendation. The trades will be executed only if it meets the required criteria.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.