Cabana Capitals Blog Technical Analysis USDCHF short term bearish trade setup to 0.8434

USDCHF short term bearish trade setup to 0.8434

USDCHF short term bearish trade setup to 0.8434 post thumbnail image

USDCHF is moving towards a key support level at 0.8434. USDCHF has previously tested this level 3 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?

Supported by Downward sloping Moving Average

Target: 0.8434 Entry: 0.8453 Stop: 0.8461

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