unique4x

Possible Short Opportunity In USDCHF

FX_IDC:USDCHF   U.S. Dollar / Swiss Franc
As of 08/25/2015 at 16:20 EST:

Unique Forex has identified a possible Short trade in USDCHF.

We will be watching USDCHF for a breakout of this Rising Wedge to the downside. This is an emerging pattern with high probability. Wait for a close on the 30 minute chart below the lower trendline of this rising wedge pattern before initiating a position. Targets of 0.93300, 0.93000 and 0.92500.

If this pair breaks up through the upper trendline this signal will be null and void.

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