USDCHF, H2
On the H2 timeframe, USDCHF navigates within a rising wedge pattern and faces the 0.8640 support at the pattern’s lower border.
The Momentum and MFI oscillator shows a bearish divergences, giving a strong bearish sentiment for the asset!
- Consider a short trade on a breaking and consolidation below 0.8640 support, with the target at 0.8610 and 0.8580.