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Signal_Centre
May 7, 2020 7:22 AM

USDCHF - Limited upside as we near an exhaustion zone  Short

U.S. Dollar/Swiss FrancFXCM

Description

We look to Sell at 0.9780 with targets of 0.9610 & 0.9600 and a stop of 0.9812

Bespoke resistance is located at 0.9780. Previous resistance located at 0.9800. The 261.8% Fibonacci extension is located at 0.9792 from 0.9589 to 0.9662. Preferred trade is to sell into rallies. The trend of higher lows is located at 0.9601.
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