Forex_League_Analysis

USDCHF Analysis December 2nd, 2020

OANDA:USDCHF   U.S. Dollar / Swiss Franc
Trade Scenario 1: Bearish - Price is bearish across all time frames but currently at a key demand zone. We will need to see price break below .899 and then form a clear LH flipping the .899 zone to resistance.

Trade Scenario 2: Bullish - For us to consider longs we need price to break above .903 handle and above the 200MA on the 30min. We will then look for clear HL to form before entering long.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.