
USD/CHF Technical analysis of the pair on the 5-minute chart. Short term. At the 0.8957 level, the price worked out the TF low and from there is moving back up. The price is working off the large blue zone; during the rise, it may use the red zone as a support level. The price may fully work off the blue zone, return to the 0.8997 level and form a double top on the chart there.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade