USDCHF 4h, due for a pullback?
USDCHF 4h - Keeping an eye on the price action at those levels. There's a case to be made for a continuation of the upside move especially when looking at the daily an weekly charts.
The question here is if the pair will have enough momentum to move to the upside of the channel.
There's a bit of a price/indicator divergence going on here so I'm looking where the USDCHF is going to find support - 1st or 2nd arrow? ... and of course how price is going to bounce from those levels.
For now everything points to a bit of a pullback / consolidation.
The question here is if the pair will have enough momentum to move to the upside of the channel.
There's a bit of a price/indicator divergence going on here so I'm looking where the USDCHF is going to find support - 1st or 2nd arrow? ... and of course how price is going to bounce from those levels.
For now everything points to a bit of a pullback / consolidation.
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