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Trader Journals:::2026-04-05T16:58:23

USD/CHF

USD/CHF

At the moment, the quotes are in the process of testing the resistance level at 0.8010 again, while the moving average is below the quotes, supporting the bullish sentiment of the pair. This is currently an opportunity for the bulls to break through the resistance, and if they manage to hold above this level, the pair will continue its bullish direction towards the resistance at 0.8085, followed by a possible pullback. A rejection from this resistance now and a move of quotes below the moving average represent an opportunity to continue the bearish direction, and it is not certain that the support at 0.7936 will stop the bears' advance. Let's see. Wishing everyone a good mood.
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