USDCHF – Broke the ST support level

Written by Raul Lopez on . Posted in Trades & Analysis.

Earlier this morning the USDCHF broke the short term support level triggering a bearish market condition, as long as it trades below 0.8326, I’ll be looking for short opportunities:

Remember the USDCHF needs to be trading below de ST resistance level in order to be considered in a bearish condition.

Since it is trading around historical lows, all trades taken here should have at least a 3:1 risk reward ratio.

Trade Safe!

Raul Lopez
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USDCHF analysis

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .
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