USDCHF tried to push through the 61.8% retracement of the last drop and failed since the 22nd of march.
It is likely the price will fall to the previous low at 0.98944, and then drop to the rising trendline around 0.98600.
Watch price action at the bottom of the triangle right now or, if the price goes up again, sell around 0.99600. Stop loss @ 0.99800.
It is likely the price will fall to the previous low at 0.98944, and then drop to the rising trendline around 0.98600.
Watch price action at the bottom of the triangle right now or, if the price goes up again, sell around 0.99600. Stop loss @ 0.99800.
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News caused upside movement, S/L hit