USDCHF 4HOUR CHART

21 thg 10, 2019

USDCHF has broken the bullish trendline on the 4hour chart. I believe this pair is going to break and retest the trendline before continuing the bearish force. The RSI also has a reading for a correction of the bears move which would be the retest i am analyzing to occur with a reading of around 35.30. Furthermore, There is a bullish divergence on the 4 hour chart as well as the 1 hour chart. Find a good entry using the lower time frames and go long for the bulls. Demaurio_fx