USD/CHF: The Monthly Probability is Bearish as price is retracing inside
Analyst
June 5, 2020 09:40 AM
BEARISH
Daily Trading Range:
USD/CHF:
The Monthly Probability is Bearish as price is retracing inside the Up AB Boundary. The Weekly Probability is Bearish as price is moving from the C to the D about +780 pips away. The Daily Fibs are also on a DOWN ABCD Swing with the D extension about +450 pips away at 0.9255
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Daily Chart
Daily Support and Resistance
| Resistance 3: | 0.9960 |
| Resistance 2: | 1.0000 |
| Resistance 1: | 1.0300 |
| Current Price | 0.9643 |
| Support 1: | 0.9600 |
| Support 2: | 0.9500 |
| Support 3: | 0.9000 |
Two Hour Chart
