๐ Potential SELL setup for: USD/CHF
๐ฉ๐ฝโ๐ปTechnical: The USD/CHF pair has been struggling to hold its ground above the 100-day moving average at 0.91155. Sellers pushed the price below 0.90690 and multiple MAs on the 4-hour chart.
๐ฏ For an ideal entry: I'd suggest keeping an eye on the key levels of 0.90255 and a break of a 4-hour moving average. A clean break below these levels could kick off a fresh downward wave. Consider banking some profits around the 0.9000 mark if things go our way.
๐ฏ For an ideal entry: I'd suggest keeping an eye on the key levels of 0.90255 and a break of a 4-hour moving average. A clean break below these levels could kick off a fresh downward wave. Consider banking some profits around the 0.9000 mark if things go our way.