TheTradersAvenue

USDCHF > Beauty Head and Shoulder on The Daily!!

Long
OANDA:USDCHF   U.S. Dollar / Swiss Franc
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Analysis of #USDCHF

Hello friends,

Long time since I last traded this pair, it is so messy, but anyway it is been an indication of DXY index, both moving the same way, if you check the DXY you will see the same pattern.

Possible head and shoulder on the daily tie frame might break soon, even that I don't believe in strong USD in the short term I have to watch this pattern carefully.

As usual, will be waiting for a break and close of the neckline and a confirmation we are changing direction to enter long targeting the next resistance level

let me know in the comment what pair you want to see the analysis for in my next free analysis

Safe trading everyone

Check today analysis below⠀

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-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you

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