AriaOtori

USDCHF is close to a major support

Long
OANDA:USDCHF   U.S. Dollar / Swiss Franc
As we can see, USDCHF has met a support formed by its major trend which shown on the daily chart from 24, Apr, 19.
It may side way for some days (or several weeks), then it has a potential to go up to 0.970-0.976 and formed the reverse head-shoulders pattern. After that it may going up further more.
We better pay some attention on this symbol and monitor if there any evidence show that it has confirmed a long trend.
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.