USDCHF 0.96877 - 0.42%

GOOD DAY TRADERS

HERE'S A SHORT IDEA ON THE USDCHF PAIR

> ON HIGHER TIMEFRAMES WE HAVE A PENNANT FORMATION ON THE PAIR AND WE ARE STILL RANGING IN THE STRUCTURE AND THE SENTIMENT ON HIGHER TIME FRAMES IS STILL BEARISH SO LOOKING FOR SHORTS ON THE PAIR.
> THE PAIR IS TRADING AT 50% FIBONACCI LEVEL AND HAS FAILED TO BREAK THIS SUPPORT LEVEL A COUPLE OF TIMES

TARGET 1 - 61.8 % FIB LEVEL
TAREGT 2 - 0.96348 SUPPORT LEVEL

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