Long

HelenP. I Swiss Franc can start grow to resistance level

Hi folks today I'm prepared for you Swiss Franc analytics. A few time ago price fell to resistance 2, which coincided with the resistance zone and trend line. After this, CHF rebounded from the trend line and tried to rise, but failed and in a short time declined lower than resistance 2, thereby breaking it. Next, the price reached the trend line and at once rebounded to the resistance zone, after which it made a strong impulse down back to the trend line. The Swiss Franc bounced and continued to decline near this line to resistance 1. When the price reached this level, it first declined lower and soon rose back, but not long ago it declined back yet, thereby breaking resistance level 1 too. At the moment, Swiss Franc trades close to the trend line and I think that price can start to rise to resistance level and try to break it. After a breakout, the Swiss Franc can make a retest and then continue to move up, therefore I set my target at the 0.8830 level. If you like my analytics you may support me with your like/comment ❤️

FirstNameHelen

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FirstNameHelen

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