USDCHF on the RSI is in the overbought rejoin,due to some event the currency pair keeps pushing upward,this the Best time to sell with a tight stop loss,its presently at strong resistance level and we are expecting a pull back to 50 percent pull back level ,afterward a pull back to 100 percent Fibonacci level
The support was broken by the sellers at 126.2 region. we are expecting a retest of the broken support that turned resistance,and a continuation to the downside until the next support level of 125.00 level. This level lines up with the 61,8 % fib retracement so we can lookout for possible rejections off this level back to the 0% Fib/Resistance level of 126.75....
The support was broken by the sellers at 126.2 region. we are expecting a retest of the broken support that turned resistance,and a continuation to the downside until the next support level of 125.00 level. This level lines up with the 61,8 % fib retracement so we can lookout for possible rejections off this level back to the 0% Fib/Resistance level of 126.75....
The support was broken by the sellers at 126.2 region. we are expecting a retest of the broken support that turned resistance,and a continuation to the downside until the next support level of 125.00 level. This level lines up with the 61,8 % fib retracement so we can lookout for possible rejections off this level back to the 0% Fib/Resistance level of 126.75....
Support level has been broken with a strong move to the downside. Wait for a proper retest/signal and go short.