easyMarkets

USDCHF reversed off resistance, potential for further drop!

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
Price is approaching our first resistance (horizontal pullback resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) where we might see a corresponding drop to our first support level (horizontal overlap support, 100% Fibonacci retracement, 61.8% Fibonacci retracement).
Ichimoku is showing signs of bearish pressure as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.

Come join us today at : www.easymarkets.com/
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.