FX.co ★ blaise.rogahn | USD/CHF

USD/CHF

Technical analysis of the pair on the 15-minute chart. A large red zone has formed on the chart, the price may move to work it off, return to the 0.7943 level, draw a double bottom on the chart there, break it slightly downward, somewhere below there re-test the TF low, and then the price will start to move back up. The price will continue to work off the extended blue zone, it may work it off completely and return to the parameters of its previous flat at the 0.8111 level.