olly48

CHF/NOK Retrace Made, Now Turn Lower

Short
FOREXCOM:CHFNOK   Swiss Franc / Norwegian Krone
Already short on this but it has retraced back to resistance and is now rejecting from here. More shorts can be entered with SL above the high of support and I have a target of 9.07100. There are a couple of support levels before the target which are shown on the chart, these can be used for short term profit taking and used with a swing trading strategy for lower risk.