Looking to Sell USDCHF coming into Swiss unemployment and CPI numbers due to be released today
Bearish divergence indicated on the daily MACD and RSI indicate a possible trend direction change and yesterday's close below the rising trend line support confirms this.
Entry @ 0.97
S/L @ 0.975 50 pips
T/P1 @ 0.956 140 pips R/R 1:1.43
T/P2 @ 0.942 280 pips R/R 1:2.9
Bearish divergence indicated on the daily MACD and RSI indicate a possible trend direction change and yesterday's close below the rising trend line support confirms this.
Entry @ 0.97
S/L @ 0.975 50 pips
T/P1 @ 0.956 140 pips R/R 1:1.43
T/P2 @ 0.942 280 pips R/R 1:2.9
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