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InvestingScope

USDCHF: Long towards the 1W Resistance, short on rejection.

Short
Dollar américain / Franc suisse (FX:USDCHF)  
InvestingScope  
FX:USDCHF   Dollar américain / Franc suisse
Trend Analysis Chart Patterns Technical Indicators USDCHF USD chf DJ FXCM Index dollar swissfranc Forex Currencies currency
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trendanalysis chartpattern indicator usdchf usd chf usdollar dollar swissfranc forex currencies currency
The price is trading on a 1D Channel Up (RSI = 67.142, Highs/Lows = 0.0019, B/BP = 0.0128) towards the 1W Resistance zone of 1.00384 - 1.00690. Our trading plan is to long to that Resistance zone as a Higher High on the 1D Channel Up and short on the projected Resistance rejection towards 0.98663. USDCHF should generally be bearish on the medium term.
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