USDCHF - Possible decline to 0.93533 on the horizon
The 0.93533 marks the divergence from the daily charts. Switching to H1 charts, we see price currently at past support level + falling trend line.
There is no candlestick confirmation as of yet, but a bearish reversal candlestick in subsequent candles can signal a move to the downside.
On H4 charts, price is still bullish and any short positions initiated based off H1 charts should look to H4 bearish candlestick for a confirmation to the downside.
No signal as of yet, but worth keeping an eye out on for the next couple of hours.
There is no candlestick confirmation as of yet, but a bearish reversal candlestick in subsequent candles can signal a move to the downside.
On H4 charts, price is still bullish and any short positions initiated based off H1 charts should look to H4 bearish candlestick for a confirmation to the downside.
No signal as of yet, but worth keeping an eye out on for the next couple of hours.