QDX_Nickwhitley

USDCHF 8/3/2019 Analysis

Short
FOREXCOM:USDCHF   U.S. Dollar / Swiss Franc
The recent uptrend has met a lot of bearish resistance along the way. I think we're finally seeing the bears gain control. If the resistance zone breaks I think bulls will see some more movement there way but that movement may not last long.

If price breaks below the support zone, I expect a pullback shortly after followed by a strong move down.

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