Elliot_Myers
Short

USD/CHF Trendline Break Sell

FX:USDCHF   U.S. Dollar/Swiss Franc
Price has broken, re-tested and failed to re-enter the inner trend line . As we see often on a Monday price will recover to a key zone (blue box) before becoming exhausted and returning downwards.

FOMC will mean this pair will trade with higher volatility this week, especially given that the Swiss can be traded as a proxy for Gold             . Trade with added caution this week.

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