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danresdidualfx

Weekly market breakdown: USD/CHF

Viés de alta
Dólar Americano/Franco Suíço (OANDA:USDCHF)  
danresdidualfx Atualizado   
OANDA:USDCHF   Dólar Americano/Franco Suíço
Trend Analysis Chart Patterns Technical Indicators Moving Averages confluence candlestickpattern institutionallevels Fibonacci Retracement extension
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trendanalysis chartpattern indicator movingaverage confluence candlestickpattern institutionallevels fibonacciretracement extension
price rallied to the downside and tested a key weekly level of 0.99000, however daily rejections at this price region with bullish candle suggest strong institutional demand that may be dominant over the bears. Price could reverse and form a new lower high at the highlighted region as the 3rd drive, also in confluence with MA acting as resistance in addition to that price region being a 61.8% fib zone.





Trade ativo
Trade ativo:
SL is moved to break even due to swiss interest rate decision out at 9:30 am, the price can be heavily manipulated and fluctuate both up and down.

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danresdidualfx
Trade setup: USD/CHF analysis
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