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MohannadYakout
Jul 8, 2021 9:32 AM

USDCHF loses momentum, and is now bearish Short

U.S. Dollar/Swiss FrancFXCM

Description

Supported by a strong Swiss Frank, USDCHF pair broke below the lower limit of the rising channel and is now forming a lower low, after forming a lower high which initiates a new downtrend.

My technical bias is bearish on the pair to target the next support level at around 0.9142. SELL THE HIGHS

Trade closed: target reached

Hit my TP at 0.9142
Comments
InkyGrip
Thanks for sharing it! 🦐
MohannadYakout
@plancton0618, Thank you for your support.
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