USDCHF - Day Short on Breaking of Bullish Structure
Price has been supported by a trendline as it climbed higher after every retracement.
The rising trendline is finally broken below as the trend reversed as price created lower high and lower low.
The price has now retraced back to the broken rising trendline with a touch at 0.618 level.
A day short to consider after half a week of an uncertain dollar.
The rising trendline is finally broken below as the trend reversed as price created lower high and lower low.
The price has now retraced back to the broken rising trendline with a touch at 0.618 level.
A day short to consider after half a week of an uncertain dollar.