USD/CHF - Dollar Swiss Franc Short term (Intraday) USD CHF is in an downtrend directed by 4H exponential moving averages. The price is just above 1,1700 support. The volatility rises. Bollinger bands are deviated. MACD is in a bearish configuration. The downtrend should continue to gather momentum. We could take a short position at 1,1735. We will put the stop loss above 1,1750 (-15 pips). The targets are 1,1700 (+35 pips) 1,1450 (+285 pips). This is a dangerous trade, take care and put your stop loss. Resistances : 1,1740 - 1,1755 - 1,1790 Supports : 1,1700 - 1,1450 - 1,1100 Chart :
- posted
19 years ago
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