Greetings Forexia Crew, lets break down the analysis on the usdchf pair, as it can be seen from the charts that the pair has overall downtrend. While the pair seems to have formed the rising obvious uptrend. While the pair has also bounced off of the obvious zone. I believe the pair has more potentials to go down. I am expecting the scenario below
Please use proper money management and lot sizes!
If you would like to learn more about trading join Forexia Academy!
Trade Broke even after moving into my favor by 30pips!