USDCHF has broken a support line, looks the pair is going to the next support line indicated in the chart.
Could at least fall to the next 50% Fibonacci level of 0.92299.
What is your analysis on this pair?
Price has formed a double bottom at support on the daily timeframe. Scaling down to the 4hr we see a clear trading zone within a triangle which I am waiting for a breakout to to the upside to confirm bullish movement. I would enter a buy at the close above the triangle being a bullish candle.
