USDCHF daily testing resistance. Hammer formation forming.
On the H4, engulfing pattern formation but retest of TL resistance + channel resistance.
Above 0.9080 bullish below, look lower for price.
Longer term, USDCHF nearing oversold on the weekly + weekly S1 0.9005. Long term TL support supporting prices here.
Below 0.9005, extremely bearish as no price support till 0.8615 or 0.8160 as measured move of channel breakout.
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