gibbsys

USD CHF Support and Resistance setup

Short
OANDA:USDCHF   U.S. Dollar / Swiss Franc
USD CHF has been in a long-term bearish trend and has most recently been trading in somewhat of a channel.

We look for USD CHF to rise to the upper channel line before looking for it to make a subsequent move back down.

  • Long-term bearish trend
  • Horizontal channel
  • Most recent lower low

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.