USDCHF: Short : Selling
RSI is Diverging from price action by RSI 5.
USDCHF
https://www.tradingview.com/u/MawHan/#published-charts
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Economic Events: Friday, September 13, 2019
RSI is Diverging from price action by RSI 5.
- Sell Entry: 0.99000
- TP: 0.98400
- SL: 0.99400
- Risk Ratio: 1.5 {40/60}
USDCHF
https://www.tradingview.com/u/MawHan/#published-charts
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Economic Events: Friday, September 13, 2019
- U.S. Core Retail Sales MoM
- U.S. Retail Sales MoM
Trade closed: target reached
Yesterday, the USD/CHF pair rose slightly with moderate support from macroeconomic statistics from the United States. The PPI excluding food and energy for August rose by 0.3% MoM after falling by 0.1% MoM for July. Also, it increased from +2.1% YoY to +2.3% YoY with a forecast of +2.2% YoY. MBA Mortgage Applications for the week of September 6 strengthened by 2.0% after a decrease of 3.1% over the previous period.