USDCHF education
For usdchf, the price movement has been sideways for 5.5 years.
Now, as we can see, the side is broken. Perhaps this is the end of the sideways movement, and the price will continue to fall after a slight correction on a smaller timeframe. Based on the fact that the dollar index is falling significantly, we can expect a strong fall in this pair. Or is it a false breakout?
For usdchf, the price movement has been sideways for 5.5 years.
Now, as we can see, the side is broken. Perhaps this is the end of the sideways movement, and the price will continue to fall after a slight correction on a smaller timeframe. Based on the fact that the dollar index is falling significantly, we can expect a strong fall in this pair. Or is it a false breakout?
