USDCHF. Will the USD rebound?
Hello Traders,
The USD had a rough week but the CHF is hitting strong resistance at the .9600 area.
The price may rebound to the trend-line. RSI has been nearing over-sold territory and Bullish Divergence has formed on the MACD/Price Chart.
If you liked my analysis, please give me a follow.
*The above is not trading advice but simply my analysis of the market*
The USD had a rough week but the CHF is hitting strong resistance at the .9600 area.
The price may rebound to the trend-line. RSI has been nearing over-sold territory and Bullish Divergence has formed on the MACD/Price Chart.
If you liked my analysis, please give me a follow.
*The above is not trading advice but simply my analysis of the market*
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