USDCHF retest of trendline Long

U.S. Dollar/Swiss FrancFXCM

Description

⋅ Sep 18, 2016 3:02 PM

Price closed last week with a bullish engulfing candlestick. I expect price to retest the trendline to create a lower high. If we see a break of the trendline, price could hit monthly resistance 0.9950.