🔔🔔🔔USD/CHF news:
👉USD/CHF is in a sustained downtrend after breaking below key dynamic support levels such as the 100- and 200-day SMA. In addition, the pair has been making a series of consecutive lower highs and lower lows, suggesting that sellers may be taking control.
👉Disappointing US CPI data and previous weak news have added to the weakness of the US Dollar.
Personal opinion:
👉USD/CHF is likely to continue its bearish momentum in the near term.
👉However, DXY is recovering to the upside for the second consecutive day. RSI (1D) shows signs of increasing again after entering the oversold zone
👉Consider Sell at the retest zone of 0.8850 because this is a strong resistance area and safer
Analysis:
👉Based on the resistance - support levels and Pivot points combined with SMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Sell USD/CHF 0.8855 – 0.8870
❌SL: 0.8900 | ✅TP: 0.8810 – 0.8765 – 0.8720
FM wishes you a successful trading day 💰💰💰
👉USD/CHF is in a sustained downtrend after breaking below key dynamic support levels such as the 100- and 200-day SMA. In addition, the pair has been making a series of consecutive lower highs and lower lows, suggesting that sellers may be taking control.
👉Disappointing US CPI data and previous weak news have added to the weakness of the US Dollar.
Personal opinion:
👉USD/CHF is likely to continue its bearish momentum in the near term.
👉However, DXY is recovering to the upside for the second consecutive day. RSI (1D) shows signs of increasing again after entering the oversold zone
👉Consider Sell at the retest zone of 0.8850 because this is a strong resistance area and safer
Analysis:
👉Based on the resistance - support levels and Pivot points combined with SMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Sell USD/CHF 0.8855 – 0.8870
❌SL: 0.8900 | ✅TP: 0.8810 – 0.8765 – 0.8720
FM wishes you a successful trading day 💰💰💰
Trade ativo
HIt + 25 pips from 0.8862congratulations
Trade fechado: objetivo atingido
Hit + 50 pips fro 0.8862Congratulation
Nota
HIt + 65 pips Great sell 0.8862
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.