{"id":11848,"date":"2022-03-18T07:51:03","date_gmt":"2022-03-18T07:51:03","guid":{"rendered":"https:\/\/tradingshot.com\/?p=11848"},"modified":"2023-05-09T07:53:22","modified_gmt":"2023-05-09T07:53:22","slug":"usdchf-rejected-at-the-top-of-its-channel-up","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2022\/03\/18\/usdchf-rejected-at-the-top-of-its-channel-up\/","title":{"rendered":"USDCHF Rejected at the top of its Channel Up."},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>The USDCHF pair has been trading within a Channel Up since June 16 2021. This week it hit and so far got rejected on the Higher Highs (top) trend-line of the Channel. Technically we should see the pull-back extending as low as the Higher Lows zone. A reasonable target is just above the zone at 0.9200.<\/p>\n<p>See how well the RSI can give buy signals on its Support Zone and sell signals (such as the current) on its Resistance Zone.<\/p>\n<p>A break-out above the Channel Up, should set in motion a short rally towards the 1.236 and 1.382 Fibonacci extensions at 0.95325 and 0.95775 respectively.<\/p>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/USDCHF\/oFOtPKZ0-USDCHF-Rejected-at-the-top-of-its-Channel-Up\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/USDCHF\/oFOtPKZ0-USDCHF-Rejected-at-the-top-of-its-Channel-Up<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; The USDCHF pair has been trading within a Channel Up since June 16 2021. This week it hit and so far got rejected on the Higher Highs (top) trend-line of the Channel. Technically we should see the pull-back extending as low as the Higher Lows zone. A reasonable target is just above the zone<\/p>\n","protected":false},"author":611,"featured_media":11849,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1637],"tags":[],"class_list":["post-11848","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11848","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=11848"}],"version-history":[{"count":2,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11848\/revisions"}],"predecessor-version":[{"id":11851,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11848\/revisions\/11851"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/11849"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=11848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=11848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=11848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}