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U.S. Dollar / Swiss Franc

USDCHF Short

70
Trade idea is to short the USDCHF and take profit around 0.98371 where multiple support levels are found.
Reasons:
Pretty strong resistance that has been tested multiple times as seen on both 1H and 4H chart.

*Trend on both timeframes is also in line with the short

*13 MA about to cross over to the downside on 1H
wickedticks
Also on:
Trend Analysis

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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.
Trend Analysis
wickedticks
Also on:

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.