Snick3rSD

USDCHF - Short from bearish order block ✅

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
Hello traders!
‼️ This is my perspective on USDCHF.

Technical analysis: After the change of character price started to make lower lows and lower highs, so I am looking for shorts. I expect price to continue the retracement to fill the imbalances higher and then to reject from bearish order block.

Fundamental analysis: Next week on Thursday we have news on CHF, will be released Interest Rate which is forecasted to increase by 0.25%, this means strength in currency. If this happens it will support our analysis.

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