USDCHF -240 - Still climbing higher, but...
Trade idea.
The pair has been moving higher lately, but stall slightly below the 200 EMA. Now we are seeing a small correction back down, which may result in another test of the short-term tentative upside support line. We need to see a clear break through one of the highlighted areas, before examining a further directional move.
Please see the chart for levels and targets.
Don't forget your stop-loss.
The pair has been moving higher lately, but stall slightly below the 200 EMA. Now we are seeing a small correction back down, which may result in another test of the short-term tentative upside support line. We need to see a clear break through one of the highlighted areas, before examining a further directional move.
Please see the chart for levels and targets.
Don't forget your stop-loss.
Trader’s Espresso – 06:00 GMT
Trader’s Tea Time – 13:15 GMT