USD/CHF does not know what to do

1 min read
Traderassist

Yaroslav Mudryi

Forex broker

Hi traders,

The USD/CHF currency pair has encountered difficulties with further growth in the upward channel and is currently choosing the direction in which it will continue to move.

Personally, I see only one option for trading. The price needs to reach the zone 1.0125-1.0100, this zone is well suited for a Sell transaction. But remember that you can only sell when confirming the reversal! The purpose of the profit is the level of 0.9970.

Good trading,
Yaroslav Mudryi.

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