In this video update, we take a look at USDCHF and the potential for the market to continue lower if the price can retrace to the resistance zone. We will then watch for bearish price action for a short opportunity. We also take a look at how we use the Fibonacci retracement tool in our trading for added confluence.
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.