USDCHF H4 SHORT PRICE ACTION FORECAST

Technically speaking, the price action is trading above strong support ascending trendline from the weekly realm, indicating a bullish movement after rejection from that crucial area. However, the fundamentals of the US dollar are playing in a negative correlation against the technical.

I will keep a close look, expecting a breakout of the key level for a long entry after a retest with a limit order.

The order:
Type: sell-limit
S/L: 39 pips - R:R | 1:2 -
T/P: aiming towards the next support level

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