Usdchfshort
USDCHF sell trade @H4 chartUSDCHF
As CHF is considering as one of the safe heaven assets along with JPY its gained some strength during this financial crisis time
The Elliot wave is forming in this chart we can see that Wave 02 is almost completed and stated its run to complete the wave 03
It will form descending channel.
We can open short positions at this level which is 0.96400
0.94300 would be a resistance level we have keep eye on this level
Primary target would be 0.93100
And the final target would be 0.91900
Stop lose may placed above the 0.96900 level
USDCHF pair rises near key junction Pair trading in falling channel on 4 hour chart with major resistance area comes around 1.0005 level.
USD/CHF bounce back from 0.9920 level after weak GDP numbers.
Bullish above : 1.0010
Bearish Below : 0.9950
Sell recommandedMy idea is is to sell at any resistence to target for bottom of channel to 0.983 around
