USDCHF analysis

16.02.2021

Technical reviews

USDCHF
The descending pattern of the H4 level is truncated. Awesome Oscillator shows Bullish divergence, while Stochastic Oscillator signals oversold conditions. The price is trading in the range of the round important level of 0.8900. USDCAD rate online: monitor the price movement in real time.
USDCHF analysis: monitor the price movement in real time.


Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of an H4 descending truncated pattern.
Stop loss under the round secondary level of 0.8880.
Target levels: 0.8939; 0.9044.

Author: GC
Back to all reviews Back

Subscribe to market analysis

Thank you for subscribing to our analytics

Review topic

All Fundamental reviews Market news Premarkets Technical reviews