ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor USD/CHF Long-Term Trend: Bearish
Key Resistance Levels: 0.78950, 0.79034, 0.79365
Key Support Levels: 0.78652, 0.78412, 0.78068
4-Hr. Chart:
The price on the higher time frame has recently been in a downtrend after it tested a resistance level of 0.79034 and reversed the direction. The pair has reacted strongly at a supply zone, which suggests further trend continuation.
USD/CHF Medium-Term Trend: Bearish
15-Minute Chart:
On the lower time frame, the pair is moving in the major trend’s direction. It has shown pullback to the marked resistace area. As of now the pair has reacted and broken the minor bullish structure before continuing the momentum.
Signal Idea:
Sell Market Order @ 0.78878
TP @ 0.78733
Stop Loss @ 0.79023
Trade Safely 🙂
This trading signal is not financial advice, it is only education, and our opinion. Any trade you take is your decision. Trade safely.
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