After a strong wick rejection from the previous lower demand zone price has broken through an area previously established as Demand.
Price action shows it is currently being rejected, with price rounding out around the area.
I now anticipate a push to the upside to mitigate the major USDCHF imbalance at the Supply.
Price action shows it is currently being rejected, with price rounding out around the area.
I now anticipate a push to the upside to mitigate the major USDCHF imbalance at the Supply.