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ToniSignals
Jun 7, 2021 4:53 AM

USDCHF Quick Short, 2:1 R/R Short

U.S. Dollar/Swiss FrancFXCM

Description

USDCHF is trending to the downside, and we anticipate the movement to continue to recent lows. The CHF unemployment rate data is to be released within the hour, showing the number of people unemployed domestically. Technically the pair has broken trendline support and rejected upside, and we are looking for downside into the 0.8940 level.

Trade closed: target reached

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