USDCHF: Cautious sell opportunity.

10 בינו׳ 2019

USDCHF is trading within a 1D Channel Down (MACD = -0.004, B/BP = -0.0120) with the high neutrality (5 indicators including Highs/Lows = 0.0000) suggesting that we are on Lower High levels. Today's strong bull run though is not representative of this pattern so we are approaching this sell opportunity with caution and a tight SL at 0.98660. The expected Lower Low is calculated at 0.96367 but due to today's irregularity we will target 0.97100.





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