USDCHF PRICE FORECAST 1H BEARSH TRADE

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Forex Trade Update: USD/CHF Analysis

Pair: USD/CHF
Trade Type: Sell

Entry Price: 0.90550 📉

Stop Loss: 0.91200 🚫

Take Profit: 0.89000 🎯



Analysis:
USD/CHF has broken out of the uptrend, confirmed by the EMA50 indicator showing a bearish crossover. This setup indicates a potential downward move. The sell entry is positioned at 0.90550, targeting the support zone at 0.89000, with a stop loss at 0.91200 to manage risk effectively.

Risk/Reward Ratio: 💹 Favorable

📊 Monitor the price action and EMA50 for confirmation of the trend. Stay disciplined and trade wisely!

#Forex #USDCHF #EMA50 #Trading #Breakout #MarketUpdate
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