Outlookb head DOWN



Weighted M.A.direction

Tue, 22 May 2018 14:18:29 +0300
30 Minutes
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ENTRY 0.99513 TARGETS 0.99454 0.99424 0.99365 0.99291 STOP LOSS 0.99661


Scenario 1

If the bears take control and push USDCHF prices lower, then a sell signal will be triggered at 0.99513.  A further decline of the pair will open the way to negative territory towards the support levels at 0.99454 and 0.99424.  A protective stop loss at 0.99661 is highly recommended.

Scenario 2

Should the pair manage to exceed the resistance level at 0.99661, it will eliminate the downtrend scenario, generating a buy signal.