TradingView
lucky_human_foot
Aug 10, 2015 9:56 PM

USDCHF at a long term turning point 

FX:USDCHF1W
U.S. Dollar/Swiss FrancFXCM

Description

⋅
USDCHF is at a long term turning point.

It could be the beginning of a trend change.

However it is currently at a long term resistance level and also need to break through the downward channel.

I will monitor it closely and will maybe open a position when I see a clear direction.

Read more at investarting.com/usdchf-is-at-a-long-term-turning-point/

investarting.com
USD (US Dollar)
Comments
lucky_human_foot
⋅
lucky_human_foot
⋅
It seems as if the turning point has been confirmed. I will put in a buy order here if it goes down to 0.9878 again as it seems a little bit overbought short-term. But long-term it seems like it is in the beginning of a trend change.
lucky_human_foot
⋅
It could not break through the resistance. A possible shorting opportunity here
More