USDCHF bearishThe Greenback have been very strong this past days, i think its time to short it short-term. i expect the USDCHF pair to drop down as it has began already this new week till we hit our level of support but my entry confirmation will be the break and retest of the Hourly chart neckline.
Usdchfsignal
USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.97238
TP: 0.99137
SL: 0.96153
Bias: Long
As a major pair ,this instrument is pivotal for setting a remarkable trend in the financial market. Our study into the price story of this instrument insinuates a bullish tendency. We are going to buy this pair.
USDCHF: Buy the dips!USDCHF
Intraday - We look to Buy at 0.9641 (stop at 0.9618)
Short term bias has turned positive. We look to buy dips. 50 4hour EMA is at 0.9637. We look for a temporary move lower.
Our profit targets will be 0.9698 and 0.9708
Resistance: 0.9700 / 0.9730 / 0.9750
Support: 0.9670 / 0.9640 / 0.9620
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USDCHF ShortTime Frame: 4H
Symbol: USDCHF
Entry: 0.96422
TP: 0.98885
SL: 0.93920
Bias: Short
The historical price action of this instrument is showing a lethargic movement now and not very active with any directional bias. However, the trend strength is heavier towards downside and that is the reason we are seeking a short trade opportunity.