The Swiss Index swiss20 and the expected movement in the short term

Predicting the next movement on the Swiss20 index.

 

The Swiss20 index began to rebound before touching

 the supply zones we had previously noted.

We warned about this a few pips before it touched them.

Currently, on the four-hour timeframe, it is moving in a sideways direction,

bounded between the daily and four-hour timeframe supply zones,

and between the four-hour timeframe demand zones, as shown on the chart.

Currently, the index has begun to rebound from the four-hour timeframe demand zones.

We are expected to see a rise to the supply zones above

 if the sideways movement continues. However, if the demand zones are broken,

on the four-hour timeframe, which are located at the 12015 level,

we may see a decline in the index, which is more likely now,

 given that the index has reached

the daily supply zones, as mentioned above.