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28.03.2023 08:12 AM
USDCHF, H4 | Potential Reversal 1st support ?

The USD/CHF chart currently shows bearish momentum towards the first support level at 0.9120, a strong swing low support level. A second support level is also present at 0.9059. On the upside, the first resistance level is at 0.9208, an overlap resistance level, with a potential retracement level. The second resistance level is at 0.9335, a multi-swing high resistance level. Traders should watch for any potential breakouts or market movements that could cause prices to rise towards the resistance levels, but the momentum of the chart is currently bearish.

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