USDCHF_H4

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USD/CHF Currency Pair Analysis:

From a technical perspective, USD/CHF on the 4-hour time frame, after multiple BOS (Break of Structure) formations, has now created a CHOCH (Change of Character) and broken the last low of the uptrend to the downside. Currently, with the decline of the moving averages on the ALLIGATOR indicator, there is a possibility of a price decrease.

Overall, this scenario is strengthened by the condition that USD/CHF, unless a 4-hour candle close occurs above the Fair Value Gap (FVG) in the range of 0.9090-0.9067, could potentially decline towards the FVG in the range of 0.8949-0.8937.

Penafian

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