Technically USDCHF looks toppish, possibly head and shoulder forming. MACD has signal SELL on the daily chart.
My proprietory system had signal SELL for USDCHF.
Shorted 10,000 at 1.1078
Stop level at 1.1182
Target level at 1.0932
USD/CHF.....Dipping? (8-12-05 E-WAVE )
WHER E WILL WE FIND SUPPORT ?
APPEARS TO BE VERY OVERSOLD ...
HERES A POSSIBLE WAVE-COUNT .... WILL it hold ,,,, That's not
important ,,,, only how to manage risk is the important factor ...