The price is at resistance area right now.
You can find a better view of the resistance on weekly or monthly charts.
An interesting detail confirming a further weakining of the US Dollar VS Swiss Franc is a false breakout after a small period of the price consolidation.
Thus, we can enter our trade at 0.9875
Stop-loss 1.01255
Target 1 0.95
Target 2 0.93
You can find a better view of the resistance on weekly or monthly charts.
An interesting detail confirming a further weakining of the US Dollar VS Swiss Franc is a false breakout after a small period of the price consolidation.
Thus, we can enter our trade at 0.9875
Stop-loss 1.01255
Target 1 0.95
Target 2 0.93
Trade closed manually:
The trade took much time.
I decided to close the trade as I'm afraid of possible US Dollar move against other currencies.
I decided to close the trade as I'm afraid of possible US Dollar move against other currencies.