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ForexTrendline
Jun 4, 2020 4:43 AM

USDCHF | Another successful trade? Short

U.S. DOLLAR / SWISS FRANCICE

Description

After the EURCHF analysis, it was the turn of the USDCHF.

In the last 3 months the price was in consolidation. As we had lower peaks and higher bottoms - a triangle formation.

We now have a breakthrough and we expect the price to continue in the direction of this breakthrough.

Yesterday we also saw a correction of the last decline, so we can expect the movement to continue.

Support levels:
0.9554
0.9497
0.9405

If you find this useful - give us a like!
If you have the same or different vision for the future movement - comment!
Comments
MARTINELY
Always good analysis
ivanarsov19800
Super
BaiDin83
good analisis
arnolt1984
Good analysis. Do riots in America help weaken the currency?
Rimisark
Dobar analiz
desinikova
Good trade! Well done!
altamar83306
Nice downtrend, the movement continue to the downside.
hristodela
Nice idea, but the price is still at daily support. If there is a break then the probability will be better. Good luck!
GS-trader
Successful trading!
FOREXBG
super za sega varvi dobre
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