Good Evening Traders,
The USDCHF is once again entering an area of strong resistance. Price has been rejected twice at the Trend-Line where two previous sell-offs occurred. Hidden Bearish Divergence is forming on the 12H MACD/Price Chart.
I will be watching for a short-entry position at the start of the trading day Monday.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*
The USDCHF is once again entering an area of strong resistance. Price has been rejected twice at the Trend-Line where two previous sell-offs occurred. Hidden Bearish Divergence is forming on the 12H MACD/Price Chart.
I will be watching for a short-entry position at the start of the trading day Monday.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*