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krissur

USDCHF: Uptrend for now

Long
U.S. Dollar / Swiss Franc (OANDA:USDCHF)  
krissur Updated   
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Trend Lines Support and Resistance Multiple Time Frame Analysis swingtrading trendtrading
3
0
trendline supportandresistance mtfa swingtrading trendtrading
The USDCHF is moveing to the upside in a clear range for now. After some consolidation price continued to the upside today and now reached the top of the channel again. Maybe price will pull back before further upside continuation.

On the weekly chart we can see a decending trendline. This could be a nice TP level.
Comment:
This was trending nicely in the expected direction. Still long. Profit target 0.98
Trade closed: target reached:
Reached the trendline on the weekly chart so I took my profit
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