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JanMachacek

USDCHF possible Short opportunity

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
JanMachacek  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Technical Indicators USDCHF usdchfshort Bearish Patterns Bearish Trend Line rsioverbought
2
0
trendanalysis indicator usdchf usdchfshort bearish bearishtrendline rsioverbought
In the last 2 months the USDCHF has created a Bearish Trendline. The price is now getting close to this Trendline and that sugfgests us that the price might be bouncing down again as it did in the past. Combined with RSI in Overbought condition and the MACD that is starting to form a cross, this makes a great Short opportunity.
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