USDCHF on yet another 1D MA200 rejection.

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USDCHF on yet another 1D MA200 rejection.US DOLLAR VS SWISS FRANCTRADENATION:USDCHFTradingShotThe USDCHF pair has been trading within a 1-year Channel Down and today made yet another rejection on its 1D MA200 (orange trend-line), the 4th since April 13. As long as the price remains below the 1W MA50 (red trend-line) on 1W candle closings, the Target is the Support Zone below at 0.77000 as per the previous declines within this pattern. A 1W candle closing above the 1W MA50 (and in turn the Channel Down) would mean a trend shift to long-term bullish, targeting the 1W MA100 (black trend-line) at 0.82000. --- ** Please LIKE πŸ‘, FOLLOW βœ…, SHARE πŸ™Œ and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- πŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’Έ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡