USDCHF Analysis 07/10/2018

USDCHF – As we can see, on the hourly chart, the USDCHF is after a great rally and just arrive in the Resistance zone that we can see on the 4H chart, I’m waiting for a reversal signal and if the price will break out the support below it’s a good signal for changing momentum, in that case, I’ll look for P”A Setup for sell position, my first target will be the demand below and the Final target is the demand at the Bottom.

Comment:

The price has broken out the support and that's my confirmation to look for short,
I'll sell at 0.9885.