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Nov 9, 2019 8:10 PM

USDCHF Daily 11/9/19 Long

U.S. Dollar/Swiss FrancFXCM

Description

UCHF Long Idea

Higher Time-frame analysis has been primarily bullish
After a strong rejection of a weekly zone we’re going to continue to trade the bullish trend

Price action has been noticeably stuck within a range so we will wait for a break and retest of the 0.99700 level before targeting long

Our targets are first the daily resistance level around 1.0100 followed by a second target at our monthly resistance level around 1.04125
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