USDCHF today penetrated important resistance level, and as fast as it penetrated the previous resistance stopped to form another resistance!
currently, the market can't show any REAL momentum into the Bearish side, If the market kept on this low bearish momentum and penetrated the resistance, it will explode into higher prices.
To be updated...
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the market closed below the resistance level, which suggest reversing the trade!
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as long as the market can't close above the resistance, this scenario applies: