Saad-ElFayed

USDCHF: A broken wedge

Short
OANDA:USDCHF   U.S. Dollar / Swiss Franc
The USDCHF is currently trading at the lower edge of the rising wedge. Once it’s broken, the pair will return to the main bearish trend.
Our entry will be right after a clear close below the 0.96500. Targeting the nearest low at 0.96000 then the main low at 0.95000.
If you find this analysis useful please don't forget to hit the like button, leave a comment and follow me for more useful content.
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.