USD/CHF BEARS ARE STRONG HERE|SHORT

Short

U.S. Dollar / Swiss Franc (FX:USDCHF)

Updated

FX:USDCHF U.S. Dollar / Swiss Franc

trendanalysis chartpattern waveanalysis usdchf short sell trading bearish forex forecast tecnhicalanalysis containsimage

Hello,Friends!

USD-CHF uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.855 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USD/CHF pair.

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I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!

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