USD/CHF Daily Update (11/3/17) Short

U.S. Dollar/Swiss FrancFXCM

Description

⋅ Mar 11, 2017 3:08 PM

Good short opportunity.. Engulf candle at resistance zone follow by price making lower low.

Waiting for a retrace back to zone for a LRE.

Comments

SwissPips

⋅ Mar 11, 2017 3:29 PM

Hey there,
I don't think it will retrace since it rebounded nicely on the trendline on H4 and that the fed will most probable raise the rates next week.

Cheers