FxWirePro
Short

USD/CHF breaks trendline support ,decline till 0.966 is possible

FX:USDCHF   U.S. Dollar/Swiss Franc
257 1 6
USD/CHF             has broken minor trend line support around 0.9735 and this confirms intraday weakness , a decline till 0.9660 cannot be ruled out .

Intraday bullishness can be seen only above 0.9760 and any break above will extend gains till 0.9800/0.9830

On the downside minor support is around 0.9720 and break below will drag the pair to next level till 0.9680/0.9660.

Overall trend reversal only below 0.9520.

It is good to sell on rallies around 0.9735-40 with SL around 0.9780 for the TP of 0.9660
Josphat89
a year ago
Strongly agreed. I have been waiting to go short.
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