FX.co ★ USD/CHF

When looking at the hourly timeframe of the USDCHF pair, we can see that it is best to consider selling from the level of 0.7820 and from the level of 0.7850, as the trend indicator is higher than the instrument's price. I think the target should be the support at 0.7790, and the stop loss for sales at the level of 0.7870. The MACD indicator also supports selling. For greater confidence, let's consider a shorter period, M15.

The fifteen-minute chart confirms the sales, with the moving average on M15 above the price chart. For sales, we can consider the entry point at the level of 0.7830, with sales fixed at 0.7800, and in a negative scenario, losses are fixed at 0.7850.