USD/CHF Potential Growth!


USD/CHF move sideways between 0.9041 and 0.8934 levels. It's somewhere at the half of this range approaching the downtrend line. The pressure is high as long as it stays below the downtrend line.

Technically, if the price jumps and stabilizes above the immediate downtrend line it could develop an important growth.

Trading Conclusion!

Breaking above the downtrend line and passing above 0.9041 level could announce an upside reversal.

The material has been provided by InstaForex Company -