VasilyTrader

USDCHF: Important Decision Ahead! Your Plan 🇺🇸🇨🇭

Short
OANDA:USDCHF   U.S. Dollar / Swiss Franc

Important decision is ahead on USDCHF.

The price is currently approaching a major falling trend line on a daily time frame.
If bulls manage to break and close above that, probabilities will be high,
that the pair will keep growing at least to 0.89

Alternatively, there is a strong horizontal support just below the current price levels.
If the market violates 0.882 levels and closes below that,
a bearish continuation will be anticipated at least to 0.878 support.

Wait for a breakout, then follow the market.

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