Martinspoon

USD-CHF Finding Resistance in a Down Trend?

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FX:USDCHF   Dólar Americano/Franco Suíço

Hello Traders... Lets try this low risk trade that has shown up. DXY is getting exhausted in its retracement. If its current deep retracement resistance holds, it could drag USD-CHF down with it to test the low at Fib 100 shown on the chart. Entry is the green line and STOP red line on the chart where price has crossed down our CTL. I hope this little helps. Thank you and happy trading traders.

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