GBPCHF Short
The bias is to the downside with price well below the 100 MAV.
Price recently has based around the 1.1630 and has seen a drop to 1.13.
The next base may form around the 1.14 level.
The RSI suggests that the Sellers are in control ( with momentum steadily travelling below 50 level)
Short trade considerations on chart , with targets set by Fib extensions.
Price recently has based around the 1.1630 and has seen a drop to 1.13.
The next base may form around the 1.14 level.
The RSI suggests that the Sellers are in control ( with momentum steadily travelling below 50 level)
Short trade considerations on chart , with targets set by Fib extensions.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.