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Intelligent Trading Academy - FX FTM H4 SELL USDCHF

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
TradeUniTraders Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
The USD has rallied aggressively since last weeks stronger than expected job numbers in the US.

Technically this pair is testing a well respected resistance level so we wait for price action to pullback before considering a short trade. Pullback has happened with price action clearly below the 200 day ema. A short is preferable at current levels.

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Trade closed manually:
Closed manually at entry
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