USD/CHF Analysis: Short Bias This Month
USD/CHFShortPosition3h ago3 views
Trade Setup
Entry Price
0.87773
Stop Loss
0.87898
Take Profit
0.87523
Risk : Reward
1 : 2.00
RiskReward
Technical Analysis
USD/CHF has formed a strong pennant on the daily chart. Entry near 0.87773 with stop below 0.87898.
Fundamental Context
The macro environment favors short positions on USD/CHF. Keep an eye on upcoming data releases.
Trade Setup
Risk:reward is 2:1. Stop loss at 0.87898, take profit at 0.87523.
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