Fxprotrader

USDCHF: Triple Top Pattern

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
1.00350 seems to be a strong ceiling for price in the USDCHF. At it two previous attemps breaking above it failed reversing instantly reaching as low as 0.92200. Now testing the same 1.00350 level what we may see that price has been rejected once again - a good sign that the resistance still holds. I am not saying we should see another drop like the 0.92220 one, but definately there is a nice opportunity over there selling USDCHF with potential tp the 0.97900 level.
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