The USDCHF pair got rejected on Friday on the 1D MA50 and is extending those losses today. The long term pattern is a Channel Down and the currently neutral 1D time frame technically (RSI = 49.936, MACD = -0.001, ADX = 19.890) suggests that this is a strong sell entry. You can target S1 but we are willing to go marginally lowe on S2 (TP = 0.87610) based on the January bearish fractal.
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Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.