Main Quotes Calendar Forum
flag

FX.co ★ USD/CHF almost at profit target, remain bearish

parent
Forex Analysis:::2016-09-13T06:26:37

USD/CHF almost at profit target, remain bearish

Price reacted off our selling area perfectly yesterday. We now look for a further drop towards 0.9650 and continue to play the drop below 0.9740 resistance (Fibonacci retracement, horizontal overlap resistance).

RSI (21) remains below 69% resistance and has also made a bearish exit of its ascending support-turned-resistance line.

USD/CHF almost at profit target, remain bearish

Sell below 0.9740. Stop loss is at 0.9790. Take profit is at 0.9650.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...