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CoreyStewartFX
Jan 22, 2017 11:44 PM

USDCHF WEEKLY POTENTIAL LONG SETUP  Long

U.S. Dollar/Swiss FrancFXCM

Description

USDCHF WEEKLY TIMEFRAME

-price failed to close above weekly highs of 1.03300 area and has now rejected.
- however the weekly bearish trendline which was broken 2016 November along with the box range price was consolidating in is a high probability area for a standard breakout retest continuation scenario
- I will be monitoring price around the 0.99/98 level for Bullish price action
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