USDCHF H4 ANALYSIS - CAN PRICE BREAK TO THE DOWNSIDE

2019-12-10 11:13:21

Hey traders,

On the H4 charts we see that USDCHF has broke to the downside of the trendline and is now consolidating.

If price can break the shaded area creating a new low, then I will have a short bias.

Simple price action and technical analysis.

Be cautious of FOMC interest rate decision on Wednesday though!