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Selling USDCHF

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FX:USDCHF   Dólar Americano/Franco Suíço
From a technical and trading perspective the USDCHF has tested symmetry swing resistance at the parity level af has faced strong resistance, last week’s candle printed a bearish key reversal week last week and as such price looks poised to trade lower over the course of this week. A break of .9839 would give and equality downside target of .9462 (AB=CD, as highlighted in the chart) a topside breach of .9929 would negate this view and give cause to reassess.

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