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AlgoVenture

USDCHF: Broke New Low, Awaiting Completion of Retracement

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
AlgoVenture  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Wave Analysis USDCHF swissfranc dailyforecast dailyanalysis dlifestyletrader
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trendanalysis waveanalysis usdchf swissfranc dailyforecast dailyanalysis dlifestyletrader
USDCHF has retested a supply zone at 1.0120 and is considered successful as it had fallen and broken new low.
The price is currently in the process of retracement with the 1st wave completed and the 2nd wave in the midst of completion.
Wait for the 2nd wave of retracement to be completed around 1.0108, setting the stop loss just above the previous high or above 1.0120.
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