USDCHF played out exactly how we expected. Currently, Price hit our strong key area of 1.00610 and starting to reverse. This indicates that the strong key area which was broken last month has been retested and is planning to continue rising towards the next key area of 1.03000. Now, this week many news on US-CHINA trade may cause havoc in the markets. We will enter with the stop loss just below the key area and if the price continues dropping instead...we will watch to see if the price is ethier simply testing the key area or making it's way down for the rest of the week. Cheers.
USDCHF BUY
start: 1.00620
stop loss: 1.00300
take profit: 1.02814
USDCHF BUY
start: 1.00620
stop loss: 1.00300
take profit: 1.02814
Trade closed manually:
+30 pips
