USDCHF retracement Long

U.S. Dollar/Swiss FrancFXCM

Description

⋅ May 8, 2015 6:51 PM

USDCHF hit a good resistance level on the daily chart and looks likely to at least trace back and retest the previous resistance level. Drilling down on the 4H chart shows a good risk reward long opportunity.

USD (US Dollar)retracement sr-trading