USDCHF at Resistance

Good Evening Traders,

The USDCHF is once again entering an area of strong resistance. Price has been rejected twice at the Trend-Line where two previous sell-offs occurred. Hidden Bearish Divergence is forming on the 12H MACD/Price Chart.

I will be watching for a short-entry position at the start of the trading day Monday.


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*The above is not investment advice but simply my analysis of the current market conditions*
Chart PatternsDivergenceForexTechnical IndicatorsTechnical AnalysisTrend AnalysisUSDCHF

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