USDCHF possibly creating higher low after retesting major level
- We saw USDCHF retest a major level and push to the downside a few weeks ago. - We are now seeing a pull back to the upside. I am calling this a possible higher low. - It is also the 0.5 level on the daily time frame.
I have a pending order placed at 0.92039, as I think there will most likely be an increase of bearish pressure at this level.