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Theperfectionist

Overall view of USDCHF - Update of June 24th's week

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
Theperfectionist Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Harmonic Patterns Chart Patterns swissfranc USDCHF Bearish Patterns Forex SELL levels LOW
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trendanalysis harmonicpatterns chartpattern swissfranc usdchf bearish forex sell levels low
Previous view: Prices were side ways with a test of the strong institutional level 1.00000 and forming a daily doji bar, with high odds of a bull trend continuation.

Actual outcome: Support zone was broken downward, confirming the bearish trend.

Actual view: We are likely to test the low of the year 0.97160.

Possible targets: @0.97160 (+40pips).

Advice: Stay bearish and sell at any highpoint while we don't break the support zone or 0.98000 top level.
Trade closed: target reached:
Low of the year was reached as predicted!
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