19.11.2020
The 0.9087 support level is holding back sellers. The downward truncated pattern ended with the breakout of an inclined channel. A breakout through the resistance level of 0.9125 will result in the formation of an ascending wave pattern within the wave C of an ascending H4 level pattern. A bullish divergence has formed on Awesome Oscillator.
USDCHF rate online: monitor the price movement in real time.
Trading recommendations:
Buy above 0.9125;
Stop Loss: 0.9087;
Target levels: 0.9189; 0.9240.
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