rauan

Short USDCHF from the channel's upper range

Short
rauan Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF has just tested February ascending channel's upper range at 1.0110. The resistance level is confirmed by brown descending neckline (dis[layed on the chart below) and R2 pivot point.
Short USDCHF from the current level targeting 1.0040 - channel's lower range and purple trendline projection.
Trade closed: target reached:

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