Hey traders,
On the H4 charts we see that USDCHF has broke to the downside of the trendline and is now consolidating.
If price can break the shaded area creating a new low, then I will have a short bias.
Simple price action and technical analysis.
Be cautious of FOMC interest rate decision on Wednesday though!
On the H4 charts we see that USDCHF has broke to the downside of the trendline and is now consolidating.
If price can break the shaded area creating a new low, then I will have a short bias.
Simple price action and technical analysis.
Be cautious of FOMC interest rate decision on Wednesday though!