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the5erstrading
Oct 26, 2018 7:53 AM

Continuation Buy Opportunity USDCHF 26/10/2018 Long

U.S. Dollar/Swiss FrancFXCM

Description

This opportunity is relevant for swingers and long terms forex traders.
The USDCHF is bullish at the moment and it seems he is gonna stay bullish until reaching his final destination at 1.0200, below us there is a great demand level which is a continuation level of buy position, I'll buy at this level, if the price will break this demand, it indicates the momentum has changed to bearish, therefore most likely the price Will react At this level and continue up until 1.0200, my first target will be 1.050.
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