mechanicfx

Short term USDCHF reversal below parity

Short
mechanicfx Updated   
OANDA:USDCHF   U.S. Dollar / Swiss Franc
USDCHF has just reached parity, this is usually an important level. Moreover USD has been running a little hot lately which makes a short term bounce possible. The target is around 0.997.
Comment:
If you are in this trade now is a good time to move SL to entry for reversal protection
Trade closed: target reached

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.