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EliteTradingSignals

USD/CHF BEARS ARE GAINING STRENGTH|SHORT

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Dolar A.S. / Franc Swiss (FX:USDCHF)  
EliteTradingSignals  
FX:USDCHF   Dolar A.S. / Franc Swiss
Trend Analysis Chart Patterns Wave Analysis USDCHF short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis usdchf short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

The BB upper band is nearby so USD/CHF is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.896.

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