USDCHF Analysis May 30, 2021

On the weekly timeframe we can see that price is finding support and could potentially be ready for a reversal https://www.tradingview.com/x/AfeQBgDx/ On the daily timeframe I will look for short opportunities below the 0.89960 level. We are still in a bearish trend and are retesting a serious level of resistance at the moment. If price shows an entry on a lower timeframe I will short from here!

USDCHF Analysis May 30, 2021

USDCHF Analysis May 30, 2021

On the weekly timeframe we can see that price is finding support and could potentially be ready for a reversal

On the daily timeframe I will look for short opportunities below the 0.89960 level. We are still in a bearish trend and are retesting a serious level of resistance at the moment. If price shows an entry on a lower timeframe I will short from here!