FREE ANALYSIS ON USDCHF - Plan to catch the dropFREE ANALYSIS ON USDCHF
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15 Min
Price testing the 38.20% fib retracement level. MACD also showing bearish divergence Stoch RSI is bullish at the moment.
45 Min
Stoch RSI and MACD both showing bearish divergence. Price broke out of the MA200, EMA 150 & WMA100 which signifies a bullish move. Importantly, MACD on this time frame is showing a hidden bullish divergence as per the lemon line.
3 HOUR
Price about to test 38.2% fib level. Price could test the upper values before dropping down.
OVERALL
Short term bullish move before we see this reversal. To trade i would use a trend line and catch the break down.
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