The USDCHF started selling after breaking the MA20
After nearly a month of rebound, USDCHF in the medium term downtrend line began to fall, exchange rate is below the short-term upward trend line, suggests that short-term upward trend has ended, USDCHF may continue to decline.
After the price falls below MA20, the USDCHF will re-enter the bear market, and then I will start to look for the bearish flag and start selling USDCHF, the first target is the low of September.
Trade with care,Thank you for your support.
After the price falls below MA20, the USDCHF will re-enter the bear market, and then I will start to look for the bearish flag and start selling USDCHF, the first target is the low of September.
Trade with care,Thank you for your support.
Kommentar:
Break resistance and give up selling