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USD/CHF Signal - 14 Jun 2021

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Signal Details
Entry Price: 
0.8988
Take Profit: 
0.8940
Stop Loss: 
0.9022
Direction: 
Sell
How we trade
Average: 5 (1 vote)

USDCHF has traded into a key support resistance zone today to start the week. We are looking for USD downside this week as the long term USD bear trend continues. Technically the pair is at a key order block and the 1h PPO is giving a bearish cross. Chart pictured is the 4h chart.

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.