USDCHF has just tested February ascending channel's upper range at 1.0110. The resistance level is confirmed by brown descending neckline (dis[layed on the chart below) and R2 pivot point.
Short USDCHF from the current level targeting 1.0040 - channel's lower range and purple trendline projection.
Short USDCHF from the current level targeting 1.0040 - channel's lower range and purple trendline projection.
Trade closed: target reached
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.
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.