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DK_Investment
May 23, 2019 7:30 AM

Swissie market update - sell on 4H - target 1.002 Short

U.S. Dollar/Swiss FrancFXCM

Description

- Market price is currently near 50 day moving average resistance and retraced several times from moving average - bearish indicator
- MACD crossed bearish which indicates further down movement
- RSI broke out of down trend channel and build a new one. Ascending RSI with sideways/descending market price indicates further down movement

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Trade closed: target reached

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