OANDA:USDCHF   U.S. Dollar / Swiss Franc
The pair is currently trading near a key level of resistance and there was a strong wick reaction on the previous day's close. This shows that sellers are still monitoring this structure closely and are willing to short the market at that level. Therefore, this could be a potential for us to ride the downside of the breakout of the bullish flag and ride the upside back once it hits nearer to our TP.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.