FX.co ★ USDCHF technical analysis for June 10, 2022.

we warned traders. USDCHF has formed a base between the 50% and 61.8% Fibonacci retracements. Price at the time also provided us with a bullish RSI divergence. Combined with the fact that we were trading around key Fibonacci support, we warned traders for the coming reversal. After 10 days price is higher at 0.9865 as price has started making higher highs and higher lows. Short-term trend has changed to bullish once again.