years on the market

USDCHF analysis 03.09.2020

USDCHF

The overall trend is downward. A bearish divergence is forming on Awesome Oscillator, and Stochastic Oscillator showed an exit from the overbought zone.

Trading recommendations:

Buy when a 1-2-3 downtrend pattern is formed, where wave 1 breaks the inclined channel of the downward pattern.

Stop Loss beyond the local maximum.

Target levels: 0.9069; 0.9000.

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