💡Don't miss the great sell opportunity in CHFSGDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.4637).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CHFSGD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 30.
Take Profits:
TP1= @ 1.4596
TP2= @ 1.4558
TP3= @ 1.4528
TP4= @ 1.4496
TP5= @ 1.4464
SL: Break Above R2
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Chf-sgd
Don't miss the great sell opportunity in CHFSGDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.3835). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. CHFSGD is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 1.3755
TP2= @ 1.3695
TP3= @ 1.3600
SL: Break Above R2