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ForecastCity
Jan 12, 2021 1:31 PM

πŸ’‘ Don't miss the great buy opportunity in USDCHFΒ Long

U.S. Dollar/Swiss FrancFXCM

Description

β‹…
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.8857). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. USDCHF is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.

Take Profits:
TP1= @ 0.8920
TP2= @ 0.8983
TP3= @ 0.9035
TP4= @ 0.9086
TP5= @ 0.9190

SL= Break below S2

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ForecastCity English Support Team ❀️
Comments
sofi_Morphy
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well played sir!!Very cool view, thanks for sharing
ForecastCity
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@sofi_Morphy, Our pleasure!Thank you for your comment.
Kamryn
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YOU"RE SO RIGHT. Targets are perfect, Good Choice. πŸ‘
ForecastCity
β‹…
@Kamryn, Thank you for sharing your feedback πŸ‘
Pro_Trader_007
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You Rock πŸ‘
ForecastCity
β‹…
@Pro_Trader_007, Thanks πŸ‘
Tradersajjad
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Is this a long term trade?
ForecastCity
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@Tradersajjad, It's a mid-term forecast.
carefulOwl22772
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Brilliant work.Β Let's do it!
ForecastCity
β‹…
@carefulOwl22772, Thank you for your comment. We appreciate it 🌹
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