USDCHF facing bearish pressure | 15th Apr 2021
Prices are facing pressure from descending resistance which is in line with horizontal swing high resistance, 50% and 78.6% . Prices might push down towards 1st support which is in line with horizontal swing low support, 78.6% and 161.8% . If prices push up further, it might face resistance from horizontal swing high resistance which coincides with 161.8% and 78.6% . Stochastics is also facing resistance from 91.3 level.