USDCHDF Daily S/R| Price Action| Trend| Trade

Evening Traders,

Today’s analysis – USDCHF- trading at a key support that is likely to be respected,

Points to consider,

- Price Action Corrective
- Local S/R Support
- Swing High Objective
- Daily S/R Resistance
USDCHF’s immediate price action is sitting on a local support, allowing for a bullish bias.

The swing high is the current objective, exceeding this level will increase the probability of testing the daily s/r .

Overall, in my opinion, BTCUSD is a valid long with defined risk, price action is to be used upon discretion/ management.

Hope this analysis helps,

Thank you for following my work

And remember,

“There is a huge difference between a good trade and good trading.” – Steve Burns