FX.co ★ pstamm | Analisa Pasar USDCHF

Hello traders, there is no particular clarity in the USDCHF pair. However, it is worth noting that buyers were able to hold the price above 0.7705 yesterday, and then they managed to rise above 0.7735. To continue the upward movement, it is necessary to also stay above 0.7750. Let's see if they can achieve this. I am currently considering the following scenarios for the development of events in the USDCHF pair. If sellers manage to push below 0.7750, then initially we can expect a decline to 0.7735 - buyers may bounce back from this level and resume the uptrend. If the price consolidates below 0.7735, then further downward movement towards 0.7705 and 0.7690 may continue. A consolidation below 0.7690 will pave the way for more distant southern targets, but this is something to think about in the future. If sellers are unable to push below 0.7735, then buyers have a chance to rise to 0.7765 and 0.7780. A consolidation above 0.7780 could lead to an increase in the USDCHF price towards 0.7800 and 0.7815. Ideally, of course, I expect that buyers will be supported by news and the USDCHF price will start moving actively upwards, with room for further upward movement.