years on the market

USDCHF analysis 16.07.2020

USDCHF

The overall trend is downward. The ascending H1 level pattern is currently truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator indicates an overbought condition.

#USDCHF rate online: monitor the price movement in real time.

Trading recommendations:

Sell when a descending wave pattern is formed, where the wave (aS) breaks through the inclined channel of the ascending pattern.

Stop Loss beyond the local maximum.

Target levels: 0.9424; 0.9370.

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