📉 USDCHF Analysis – Sell Setup in Play! 🚀
🔻 The price was rejected from the 0.88400 - 0.88500 resistance zone and is now moving downward.
📍 The key support at 0.88000 - 0.88100 could be the next short-term target for sellers.
⚠️ If this level breaks, further decline toward 0.87700 is possible. Otherwise, a bullish reversal may occur.
🎯 Strategy: Manage the trade with Trailing Stop and monitor price reaction at the support zone.
#USDCHF #Forex #PriceAction #TechnicalAnalysis #Trading
🔻 The price was rejected from the 0.88400 - 0.88500 resistance zone and is now moving downward.
📍 The key support at 0.88000 - 0.88100 could be the next short-term target for sellers.
⚠️ If this level breaks, further decline toward 0.87700 is possible. Otherwise, a bullish reversal may occur.
🎯 Strategy: Manage the trade with Trailing Stop and monitor price reaction at the support zone.
#USDCHF #Forex #PriceAction #TechnicalAnalysis #Trading
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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.
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.