Hello Forex Trader,
I just wanted to share with you my latest personal view on the USD/CHF DAILY CHART MARKET ANALYSIS (23RD-Jan-2020).
As we can see in the image above, the currency pairs had been fluctuating within the range right from June-2020 from the last weekly bearish candle @26th-May-2019 formation which brought the market into this rectangular channel. While on the intermediate uptrend price have been bouncing in a rising channel which is a strong signal of a bearish implication.
Price have been bouncing up and down at key-level support @0.6862 and now again seams this week wants to carve another bearish pin which may act as a signal to interest sellers to coming again with full force to pull price more bearish. Same on Wednesday 22nd, the close candle formation did carved a bearish pin bar which was below our support key level.
A daily close or rejection of today’s 23rd candle below our key-level support @0.96862 will show sigh of the currency pairs weakness.
Are you interested to see how I’m gonna trade this currency pairs?? Click here to see how I’m trading it 👉:https://bit.ly/2SL1h0L