USDCHF 0.9760 to 0.9725 Short

U.S. Dollar/Swiss FrancFXCM

Description

⋅ Mar 24, 2016 3:34 PM

Short position inside ascending channel.
Forecast remains actual until USDCHF trades below 0.9790.

⋅ Mar 28, 2016 2:06 PM

Channel is broken, target moved to 0.9690.
Backward test of 0.9745 might be used for entering short position.

Comments

walker.england

⋅ Mar 24, 2016 6:10 PM

Congratulations! Your chart has been selected to be highlighted as the post of the day. This is a great example of an ascending price channel.

rauan

⋅ Mar 25, 2016 1:18 AM

Regards.