03:28 pm (GMT +0200)USDCHF is negotiating between the key levels of 0.88812 and 0.88960. If the pair manages to extend higher and breach the resistance at 0.88960, it will most likely open the way to the resistance level at 0.89019 and 0.89049.
Price Action
Thursday, November 16 2023
03:28 pm (GMT +0200)
30 minutes Timeframe
If USDCHF fails to withstand the sellers' pressure, the bullish scenario will be eliminated and we foresee that a bearish outlook will be in effect.
Price Action Outlook:
Bullish
Profit Levels
Target 1
0.89019
Target 2
0.89049
Target 3
0.89108
Target 4
0.89182
Entry
0.88960
Stop Loss
0.88812
Trend Confirmation
Momentum
LWMA
MACD
Price Action
Thursday, November 16 2023
03:28 pm (GMT +0200)
30 minutes Timeframe
USDCHF is negotiating between the key levels of 0.88812 and 0.88960. If the pair manages to extend higher and breach the resistance at 0.88960, it will most likely open the way to the resistance level at 0.89019 and 0.89049.
If USDCHF fails to withstand the sellers' pressure, the bullish scenario will be eliminated and we foresee that a bearish outlook will be in effect.
Price Action Outlook:
Bullish
Profit Levels
Target 1
0.89019
Target 2
0.89049
Target 3
0.89108
Target 4
0.89182
Entry
0.88960
Stop Loss
0.88812
Trend Confirmation
Momentum
LWMA
MACD