The currency pair didn't manage to break through the level of support 0.9470 after which continued the ascending tendency along the directed "Alligator". The set of factors and indicators are favorably concentrated towards long growth, but one shouldn't exclude possibility of the descending correctional movement waiting for employment on CHF.
Main movement.
The currency pair didn't succeeded to break through the level of resistance of the previous fractal 0.9505 that is a signal for taking sell positions above the level of resistance 0.9533. Ultimate goal if 0.9620 and higher.
Alternative movement
Possibility of the long correctional movement in case the price is able to break through and get fixed below the level of resistance 0.9470 isn't excluded. Sell positions should be taken to level 0.9420.
Level of resistance: 0.9505, 0.9533, 0.9620.
Level of support: 0.9420, 0.9470.
Main movement.
The currency pair didn't succeeded to break through the level of resistance of the previous fractal 0.9505 that is a signal for taking sell positions above the level of resistance 0.9533. Ultimate goal if 0.9620 and higher.
Alternative movement
Possibility of the long correctional movement in case the price is able to break through and get fixed below the level of resistance 0.9470 isn't excluded. Sell positions should be taken to level 0.9420.
Level of resistance: 0.9505, 0.9533, 0.9620.
Level of support: 0.9420, 0.9470.
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