Don't miss the great sell opportunity in USDCHF

By goldenforex | Crypto trading signals | 25 Aug 2019


Trading suggestion:


. There is still a possibility of temporary retracement to suggested resistance line (0.9816). 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 downtrend is expected.
. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
. The RSI is at 26.

Take Profits:


TP1= @ 0.9693
TP2= @ 0.9660
TP3= @ 0.9543

SL: Break Above R2

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