USDCHF for the past few days have been on a strong rally especially from the last NFP reports which was on Friday 6/8. Price broke through all the resistance levels until this point 0.92311, this point seem like a strong NO! Zone for the bulls. This current zone is made up of both resistance and supply zone, therefore I would be expecting price to dip to FIB 50 level 0.9128. A break above this zone would most likely lead price to 0.9273.
I have a short term sell bias from this zone, but if the bull get stronger, I would wait to see how thing unfolds around 0.92773.
Disclaimer: What I have shared above is not a financial or investment advice, it’s an opinion that could be helpful for educational purposes only, whatever trading decision you make is at your own risk.
إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.
