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WicktatorFX
May 26, 2021 1:41 PM

USDCHF - Descending Wedge - Reversal! 

U.S. Dollar/Swiss FrancFXCM

Description

The last time we analysed USDCHF was at the very top where we got a break of the ascending correction, followed by a massive 400+ pip drop to where we are now. Price looks to be in a falling descending wedge , which is also approaching a key structure. Watching for buying pressure near the structure to get in early OR a break of the wedge for a safe entry.
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