Yesterday USDCHF saw a waterfall movement after the DXY Losing Strength. We can also now expect a continue movement towards major support zone. We can plan our trade from the 1st Resistance Zone with 1:3 RRR.
Looking good are for sell side movement from 0.79550.
SL : 0.79700
TP : 0.79000
We can expect move in US Session. Sentiments are also towards downside as Majority if Retails are Long in this with Less Volume and More Positions.
Looking good are for sell side movement from 0.79550.
SL : 0.79700
TP : 0.79000
We can expect move in US Session. Sentiments are also towards downside as Majority if Retails are Long in this with Less Volume and More Positions.
Order cancelled
Setup is no more active as price have broke low before touching that zone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.