Thursday, March 11, 2021

USD/CHF ,Possible bearish price movement

 

price movement towards the support 0.7157 within the next 13 hours.
USD/CHF
03-Mar-20:00 -> 11-Mar-12:00
Target Level: 0.9220
 
RL: (A) 0.9308 Last TP of Triangle
Target Period: day
 
Interval1 hour
PatternTriangle
Length90 Candles
Identified11-Mar-09:00
Triangle has broken through the support line at 11-Mar-09:00. Possible bearish price movement forecast for the next day towards 0.9220.
Supported by Downward sloping Moving Average

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