alphatira

USDCHF Short

Short
alphatira Updated   
OANDA:USDCHF   U.S. Dollar / Swiss Franc
5
USDCHF

Looks overbought and can make quick 20-25 pips profit.

Be cautious and get out if you achieve 15 pips: One of the thing I noticed is that the level around 1.0300 (too far out from current level) is particularly interesting in USD/CHF, as not only has this helped to form resistance over the past month, but this is also the 61.8% retracement of the 2008-2011 major move in the pair.

As usual I'm in for 20-25 pip profit. Ride with me!
Trade closed: target reached:
Target reached and closed.

Hope you guys took this trade!
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