Possible Sell for USDCHF : Pullback Has Been Completed
Possible sell for USDCHF. Price has remained below the 200 and 50 EMA indicating a short bias. This idea is an update to the previous idea I uploaded on this pair, indicating that the price has completed a successful re test to the trend line and should now head down as the dollar weakens. I have set a reasonable stop loss just over the trend line for the rare case of breaking the trend and a take profit of about 175 pips. Risk:Reward ratio is 2.68.
USDCHF
USDCHF
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**TAKE PROFIT HAS BEEN HIT**