Price broke out of a major support level of 0.80962 giving traders a bearish sentiment on USDCHF from the daily timeframe perspective. How are market participants likely to react to this trend? Are we likely to see a pullback before the market continues trading bearish? Let’s see how market conditions reacts over the coming week
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.