ForecastCity

💡Don't miss the great sell opportunity in USDCHF

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
". There is still a possibility of temporary retracement to the suggested resistance line (0.9201).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. USDCHF is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 17.

Take Profits:
TP1= @ 0.9164
TP2= @ 0.9143
TP3= @ 0.9123
TP4= @ 0.9100
TP5= @ 0.9052

SL: Break Above R2

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Comments

Thanks a lot  for sharing .
+1 Reply
ForecastCity Mesutkashmar
@Mesutkashmar, You're very welcome!
Reply
Good job! You are great as always!
+1 Reply
@Lizabet, Thank you for your comment. We appreciate it.
Reply
A very useful analysis! Thanks .
+1 Reply
ForecastCity DenizKilicDeniz
@DenizKilicDeniz, You're very welcome!
Reply
Good job..for my view we can sell now because the price already break our buying point
Reply