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USDCHF - Selling rallies to the top of the channel

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Dólar Americano/Franco Suíço (FX:USDCHF)  
Signal_Centre  
FX:USDCHF   Dólar Americano/Franco Suíço
Trend Analysis Chart Patterns Technical Indicators USD swissfranc swiss chf Parallel Channel daytrade fxsignals Forex
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trendanalysis chartpattern indicator usd swissfranc swiss chf parallelchannel daytrade fxsignals forex
USDCHF is Bearish - We look to Sell at 0.9423

▪️ Trading within a Bearish Channel formation.
▪️ Negative overnight flows lead to an expectation of a weaker open this morning.
▪️ Bespoke resistance is located at 0.9423.
▪️ The continuation lower in prices through support has been impressive with strong momentum and shows no signs of slowing.
▪️ Preferred trade is to sell into rallies.

Stop: 0.9443
Target1: 0.9330
Target2: 0.9300
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