USDCHF Forex Analysis for June 6th 2019
With a good momentum, the price of USDCHF Spot Forex pair is moving up and currency traders may attempt to look for a buy trading chance to join the up trend. Price action is stepping high and we expect market to keep rising up towards 0.99554 price target area.
Multiple bullish legs pattern could be seen in USDCHF price action. Key support level is present at 0.9912 price level, based on most recent swing low in 15 minutes time frame of USDCHF. However, a clear bearish break down in price action below 0.9912 vital support area will end the up trend. Henceforth, I may jump at the chance to stay out of the market and re-inspect the USDCHF price action.
Source: https://fxinstructor.com/blog/usdchf-forex-analysis-for-june-6th-2019
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