ForecastCity_ME

Don't miss the great buy opportunity in USDCHF

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.9405). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. USDCHF is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 62.

Take Profits:
TP1= @ 0.9450
TP2= @ 0.9470
TP3= @ 0.9502
TP4= @ 0.9525
TP5= @ 0.9553

SL= Break below S2

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