USDCHF - Limited upside

FX:USDCHF   U.S. Dollar / Swiss Franc

USDCHF - Intraday - We look to Sell at 0.9854 (stop at 0.9884)

Buying pressure from 0.9804 resulted in all the initial daily selloff being recaptured. Buying posted in Asia. The rally is close to an exhaustion count on the intraday chart. Bespoke resistance is located at 0.9854. The AB=CD formation target is located at 0.9780.
Our profit targets will be 0.9780 and 0.9700

Resistance: 0.9854 / 0.9913 / 1.0000
Support: 0.9791 / 0.9780 / 0.9692
Order cancelled: USDCHF - Cancelling the trade idea as the move upwards has missed our trigger by 3 pips
FREE Telegram Group -
FREE Trade Ideas -
FREE Education and Insights -
Video Content -
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out