Swiss Franc currently in a clear down trend from daily/weekly perspective... 1.0500 proved to be key price level where institutional buyers/sellers were strong. Last time the level was tested, the price drops down significantly and I'm expecting another test of this price level. If price would reach this area again, it will probably be also 2nd touch of daily bearish trend line. Definitely best possible price to sell with enough space for down trend continuation offering positive risk reward.
Sell limit : 1.0500 ( or little bit below)
SL: 1.0600
PT: 1.0300
RRR: 1:3
Sell limit : 1.0500 ( or little bit below)
SL: 1.0600
PT: 1.0300
RRR: 1:3