xosignals

The #USDCHF strengthened a lot? This is not the end, apparently

Long
FX_IDC:USDCHF   U.S. Dollar / Swiss Franc
As can be seen in the graph above there is a serious resistance at 10090 price, each time the usdchf touched this resistance it fell, the first time the fell was relatively large and each time it shortened more and more it usually signifies that the sellers are getting weaker, We think this time it will break this resistance and then the price of the USDCHF will strengthen by 200 pips as it reaches its next resistance.
Buy USDCHF:
Entry Price:1.0077
Stop Loss: 0.99
Take Profit: 1.03
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.