FX.co ★ blaise.rogahn | USD/CHF

A slight price increase at the start of the trading week was seen today on the USD/CHF chart. There was a breakthrough above the key resistance level of 0.8000, but the price couldn't continue moving towards the diagonal resistance at 0.8030. This was the area where I was considering potential short positions for myself. It seems like today I missed the opportunity to open short trades, so for now, I'm just observing the situation from the sidelines. I'm not considering buying the pair, only interested in selling near the 0.8300 level. Perhaps tomorrow the bulls will manage to reach that level, and then I will open a sell position with a minimum target of 0.7960.