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JackTheTrader

Short Term - USDCHF Short @ 0.9617

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
JackTheTrader  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis
0
0
trendanalysis
(60m) USDCHF trading in a consolidated upward channel which seems to be approaching its top having been tested 3 times in recent history. I expect the pair to respect this resistance level with no major fundamentals being announced until tomorrow. RSI also seems to be overbought implying a mild correction could be imminent.

SHORT ENTRY @ 0.9617
SL @ 0.9645
TP @ 0.95575
RR @ 2.13
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