USDCHF broke lower edge of rising wedge pattern after reaching supply zone at level 0.9848
Price is based below SMA 100 and key level at 0.9816
Price is rejected from 61.8% Fibonacci of preceding bearish wave at level 0.9817
MACD shows weakness in bullish momentum
It's expected for coming strong bearish wave to target key level 0.9677 near HVN at level 0.9696
Price is based below SMA 100 and key level at 0.9816
Price is rejected from 61.8% Fibonacci of preceding bearish wave at level 0.9817
MACD shows weakness in bullish momentum
It's expected for coming strong bearish wave to target key level 0.9677 near HVN at level 0.9696
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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.