TaherJalili

Momentum Building

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
Price in recent times has been making series of lower highs.
Whilst the support level is still holding
Each attempt to MOVE BACK HIGHER FROM THIS LEVEL HAS BEEN GETTING WEAKER
THE TREND IS CLEARLY LOWER

We come to important point
The key support is crucial and if it gives way
we could see another large leg lower with new potential short trends.

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.