ZahariKrumov

USD CHF Re-test then short

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
Looking at this pair, I can determine that it will continue moving in it's tunnel respecting it's retracements but will wait for the next retracement before entering. So far it broke the 61.8% fibb level, so now we are looking for the 50%. The dollar index is near a support level, so expecting a bounce back after a small drop, will take the bull retracement for 50 pips and then go for a 100 pip trade. Trade small on this pair, due to it's low volatility.
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