USD/CHF about to continue the downside move. By ThinkingAntsOk

Short

U.S. Dollar / Swiss Franc (FX:USDCHF)

FX:USDCHF U.S. Dollar / Swiss Franc

Trend Analysis Support and Resistance Multiple Time Frame Analysis USD chf USDCHF dollar short USDJPY DXY

trendanalysis supportandresistance mtfa usd chf usdchf dollar short usdjpy dxy

4H CHART EXPLANATION:

Price broke the Ascending Trendline and it has been consolidating on an horizontal channel. Last week, it bounced on a Major Resistance Zone and showed a strong rejection. We are waiting for a break of the Support Zone to take short positions.

DAILY CHART EXPLANATION:

snapshot

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