Wednesday, October 05, 2022

USDCHF broken and retested the ascending channel and Reached -650 Points
1 mins well spent

USDCHF is near to the higher low area of the uptrend line and the horizontal support area (old resistance = new support).

USDCHF Analysis:

USDCHF has reached the higher low area of the Ascending channel in the 1-hour timeframe chart.

After the confirmation of the Upward movement, USDCHF Buy signal given.

USDCHF Update:

USDCHF has broken and retested the ascending channel in the 1-hour timeframe chart which leads to the SL price. But USDCHF is still consolidating near to the low level in the higher timeframe chart.


Don’t trade all the time, trade forex only at the confirmed trade setups.

Get more confirmed trade setups here: forexgdp.com/forex-signals/

Leave a Reply

Your email address will not be published.

Also read