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ForexWeeklyAnalysis

Short term Short USD/CHF 0.883X region (daily trend line)

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
ForexWeeklyAnalysis  
FX:USDCHF   U.S. Dollar / Swiss Franc
2
34
Short term short on USD/CHF in the 0.883X region based on daily downward trend line. This trade is dependent on EUR/USD's trend line holding the 1.38 level. Considering the iffy nature of the trade, I'd use a small stop loss of 25-50 pips only. Target would be low to mid 0.87XX region but again dependent on how high EUR/USD goes.

PS: I already have an entry at 0.88374.
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