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USDCHF: Breakout Trade For Next Week Explained đŸ‡ș🇾🇹🇭

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USA-dollar/Schweizisk franc (OANDA:USDCHF)  
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OANDA:USDCHF   USA-dollar/Schweizisk franc
Rectangle Parallel Channel Support and Resistance USDCHF DJ FXCM Index USD dollar swissfranc chf priceaction priceactionanalysis Contains image
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rectangle parallelchannel supportandresistance usdchf usdollar usd dollar swissfranc chf priceaction priceactionanalysis containsimage
snapshot

USDCHF violated a key horizontal support.

After a breakout, the price started to consolidate
within a narrow horizontal range on a 4H time frame.

Its support breakout - 4h candle close below 0.8852 will
give you a strong confirmation to short.

A bearish continuation will be anticipated at least to 0.881 level then.

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