USDCHF Potential Bearish Movement

22 במרץ 2020

USDCHF Potential Bearish Movement

we are waiting for a momentum candle close below 0.9740 to sell this one

Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Objective Wedge Pattern (in blue)
3- Resistance in purple from Daily 0.990

Three confluences are enough to consider Selling USDCHF, after a break below 0.9740 (in gray)