USDCHF Forecast and Trade setup for week ending 20.06.14
USDCHF Forecast and Trade setup for week ending 20.06.14
Daily Chart
- We are trading in to resistance zone, however price is quite strong where it is trading in and around it which suggest to me a breakout to the upside is likely
- Target to the pink zone on chart before considering any counter-trend trades
Hourly Chart
- As daily point stated, we are trading into the resistance zone, however momentum has slowed, but unless we break the current swing low / support , my bias is to the upside for this with targets shown on daily chart
Outlook Trade opportunity
Long trades / potential breakout
Risk Level __
Tips -
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