USDCHF Analysis, April 23, 2025
USDCHF on TF M15 In terms of price action, after the main bullish impulse, the price formed a higher low, a signal that buyers are still maintaining market control. The small correction that occurred was unable to penetrate below the minor support level, indicating that buyers remain active in the lower area.
Buy entry can be made after confirmation of a breakout above the minor resistance of 0.8250, or it can be more aggressive by entering after a small pullback as long as it remains above the 0.8180 area. Stop Loss place a stop loss below the support area of 0.8170, giving room for normal volatility but still protecting the position from a trend reversal.