Malika_Analysis

FURTHER SELLING POTENTIAL ON USDCHF

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
At the moment USDCHF is sitting at critical support and is showing potential for price to retrace ( and gain bearish momentum) before making new lows. If price does indeed move bearish, we will be looking at the two levels i have marked as take profit levels. I would advise scaling out part of your position at the first take profit and allowing the rest to ride risk free.

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