Wizard

USDCHF to go down if it reaches 0.89048

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
Based on Structure's and Fibonacci confluence , channel,...

If ADP Nonfarm Employment Change is better than expected and if Fed Chair Yellen Speach drives the pair up it could soon reach 0.89048 if these things don't drive up USDCHF it could still reach 0.89048 and then there would be a shorting opportunity.
Then ==> I will open a short position and place my stop lose and take profit orders as can be seen in the screenshot.

( http://www.investing.com/economic-calend... )