Chart of The Day $USDCHF 5-10-2017

On the USDCHF daily chart, we can see that the pair is testing the 1.0100 level of the strong upside resistance. The daily close above this level would lead to a continuation into 1.0200 level. The rejection from here could lead to the invalidation of the recent break above the falling trend line and 100 SMA 1.0042 level.

usdchf trend following strategy

Happy trading! (click on the chart to enlarge it)

Through time we have developed a very respectable trading strategy which defines Entry, Stop Loss and Take Profit levels with high accuracy and allows you to make position Risk Free. If you want to learn all about it and become a professional Trader, sign up now and become a member here

Regular plans

Scroll to Top
×