Outlookb head DOWN



Weighted M.A.direction

Fri, 19 Oct 2018 15:34:03 +0300
30 Minutes
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ENTRY 0.99489 TARGETS 0.99383 0.99330 0.99224 0.99092 STOP LOSS 0.99754


Scenario 1

If the bears take control and push USDCHF prices lower, then a sell signal will be triggered at 0.99489.  A further decline of the pair will open the way to negative territory towards the support levels at 0.99383 and 0.99330.  A protective stop loss at 0.99754 is highly recommended.

Scenario 2

Should the pair manage to exceed the resistance level at 0.99754, it will eliminate the downtrend scenario, generating a buy signal.