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USD/CHF BEARISH BIAS RIGHT NOW| SHORT

Short
US-Dollar / Schweizer Franken (FX:USDCHF)  
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FX:USDCHF   US-Dollar / Schweizer Franken
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!

USD/CHF is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand level of 0.876.

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