USDCHF, H2
On the H2 chart, USDCHF rebounded from the 0.9050 resistance level. The DPO oscillator crosses the Zero line down. Simultaneously, the +DM line crosses the -DM line down, and the Parabolic SAR started to fall.
- Trade: Sell USDCHF;
- TP1: 0.8960.
TRY TRADING NOWTrading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.
Author: Timur Yurdagyul