Hello Traders,
A quick look at a pair I am currently watching…
1. USD/CHF
On the 4 hours chart of the USD/CHF, we can clearly see that price is testing a former resistance level which is currently a support level (0.99299)
A bearish breakout could further send price to a previous support level (0.98649) and if price reverses at the present support level, there is a huge possibility that price will re-visit resistance level 0.99746.
That’s all we have for today, in case you missed out on our Sunday analysis, check here, some setups are already playing out.
See you guys tomorrow and do have a great day ahead.
