azizSaadHAmza

LONG CALL FOR USD CHF

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF IS MAKING LOWER LOWS AND LOWER HIGH, WAIT FOR POTENTIAL BUYING ZONE WHICH LIES AT WEEKLY TREND LINE SUPPORT AND FAB LEVEL OF 0.786, AND VERY STRONG HORIZONTAL CONFLUENCE AT 0.90010 THE BEST BUYING AS PER MY UNDERSTANDING. SO WE HAVE THREE CONFLUENCES AT THESE LEVELS FOR BUYING, IN CASE OF IF IT STARTS HIGHER HIGH AND HIGHER LOWS THEN STRONG REJECTION AREAS ARE 0.90919 AND FOLLOWED BY 91005. SHORT SELL CAN BE INITIATED ONCE IF IT GOES UP, SO CLOSELY WATCH THESE TWO AREAS FOR THE BEST TRADES AHEAD.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.