USD/CHF Double Inside Day; Ready to Rip or Slip

By | February 3, 2016

DailyFX.com –

Daily

USD/CHF Double Inside Day; Ready to Rip or Slip

Chart Prepared by Jamie Saettele, CMT

Automate trades with Mirror Trader and see ideas on other USD crosses

-The most recent USD/CHF comment noted that “1.0212/40 (78.6% retrace and Jan 2015 high) is the next area that could derail the rally.” USD/CHF is having trouble at the mentioned zone. A double inside day indicates a tight short term consolidation that could lead to the next directional move.

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk

original sourceDailyFX.com –

Daily

USD/CHF Double Inside Day; Ready to Rip or Slip

Chart Prepared by Jamie Saettele, CMT

Automate trades with Mirror Trader and see ideas on other USD crosses

-The most recent USD/CHF comment noted that “1.0212/40 (78.6% retrace and Jan 2015 high) is the next area that could derail the rally.” USD/CHF is having trouble at the mentioned zone. A double inside day indicates a tight short term consolidation that could lead to the next directional move.

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk

original source
Source from..DailyFX

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