khanfan

USDCHF Weekly chart try to test midle short term trend line

FX_IDC:USDCHF   U.S. Dollar / Swiss Franc
After plan increasing RATE Dollars are power up!
before we invest we need to check How they can go?
Long term trend (violet line) is down.
Mid term trend (green line) is up.
Short term trend (blue line) is up.
and now price trying to test middle short term trend (green dash line).
in this price action we can see its fail to break.
if next week cannot break or stand on price up.
may be we consider to SELL target is bottom green line.

but everything is possible I hope you struct on the real world.
and have a nice day!
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