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USDCHF Sell a break setup.

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Dólar Americano/Franco Suíço (FX:USDCHF)  
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FX:USDCHF   Dólar Americano/Franco Suíço
Support and Resistance Flag USDCHF USD chf usdchfshort Forex tradeidea signal signals signalservice
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supportandresistance flagpattern usdchf usd chf usdchfshort forex tradeidea signal signals signalservice
USDCHF - Intraday - We look to Sell a break of 0.9917 (stop at 0.9943)

Short term momentum is bearish.
Price action is forming a bearish flag which has a bias to break to the downside.
A break of the recent low at 0.9918 should result in a further move lower.
We are trading at overbought extremes.
A higher correction is expected.

Our profit targets will be 0.9851 and 0.9831

Resistance: 0.9960 / 0.9975 / 1.0000
Support: 0.9920 / 0.9870 / 0.9845

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