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ForecastCity
May 21, 2020 10:51 PM

Don't miss the great buy opportunity in USDCHF Long

U.S. Dollar/Swiss FrancFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.967). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. USDCHF is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 63.

Take Profits:
TP1= @ 0.9730
TP2= @ 0.9755
TP3= @ 0.9800

SL= Break below S2
Comments
thedreamertheinventor
Thank you again
ForecastCity
@thedreamertheinventor, You're welcome!🙏
Kamryn
thanks for your ideas
ForecastCity
@Kamryn, 👍
sara-kian-fx
thank you for the update.
ForecastCity
@sara-kian, 👍
sara-kian-fx
good update and nice targets.
Kristalyn
Thx
ForecastCity
ayjoshua
Thanks so much for this
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