USDCHF has been moving higher after breaking out of weekly trendline resistance. Price
on the 4hr chart has started to trend and the resistance above at 1.0050 is likely to be targeted by the
big players. This provides a trading opportunity with price pulling back to the 4hr highs before heading towards the
key level. Stop losses below the swing low, targetting the key resistance.
on the 4hr chart has started to trend and the resistance above at 1.0050 is likely to be targeted by the
big players. This provides a trading opportunity with price pulling back to the 4hr highs before heading towards the
key level. Stop losses below the swing low, targetting the key resistance.
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.