Scope for BUY trades in USDCHF

2019-12-31 14:53:42

Like the other USD crosses, we have witnessed an extended sell-off in USDCHF too.
As you can see from the chart, USDCHF is in a support area right now. Hence traders can look for BUYs with low risk and high reward.
Potential Long entries can be taken between 0.9650-0.9690 with SL below 0.9610. TPs can be set at 0.9750,0.9800 and 0.9880 respectively.