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USDCHF: Structure Analysis

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
VasilyTrader  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Chart Patterns Wave Analysis Forex trading Technical Analysis USD chf USDCHF dollar swissfranc Currencies
6
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trendanalysis chartpattern waveanalysis forex trading technicalanalysis usd chf usdchf dollar swissfranc currencies
snapshot

Bulls keep pushing USDCHF .
The next resistance on focus is the area around 1.0 level.

Bulls will face with the recently broken major trendline
and bets are high that it will trigger a selling reaction.

Pay attention to price action within the rising parallel channel .
Let the market reach the identified supply area and then for a bearish breakout for confirmation.

Target levels will be 0.994/0.99
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