TheTraders_Fx

#USDCHF 1D Technical Analysis and Expected move

Short
OANDA:USDCHF   Dollar américain / Franc suisse
Price has going up on both the dollar strength
And the weakness of the Swiss Franc itself
However, the price is approaching a long term falling resistance
And as the pair looks overbought mid-term
The resistance might be where many take profit on longs
And some shorts are possible too
Triggering a local selloff
So wait for the reversal price action candlestick and then act accordingly
Sell.
Best of Luck

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