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wickedticks
Jul 4, 2019 6:10 PM

USDCHF Short  

U.S. Dollar/Swiss FrancFXCM

Description

Trade idea is to short the USDCHF and take profit around 0.98371 where multiple support levels are found.
Reasons:
Pretty strong resistance that has been tested multiple times as seen on both 1H and 4H chart.

*Trend on both timeframes is also in line with the short

*13 MA about to cross over to the downside on 1H
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