jojofang0901

USDCHF Look For Bearish Move

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OANDA:USDCHF   USA-dollar/Schweizisk franc

hello traders:

USDCHF has a nice bearish development in the last week.

WE can see price has moved up correctively to the top of the higher time frame channel structure, formed an ascending channel.

Within, we can see lower time frame head and shoulder reversal, and price had a strong bearish impulse phase down.

Latest development shows a possible correction after the down move, this could help the price to continue lower down to the next lows.

Look for more bearish continuation correction on the lower time frames for possible sell.

thank you

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