USDCHF: Bearish Outlook
2019-11-06 22:22:05
https://www.tradingview.com/x/BohMzy8Z/
I was asked a lot about USDCHF today.
On 4H chart we have a descending triangle formation,
the market has just reached a resistance line of a triangle
and we see dodji formation and multiple rejections + overbought rsi.
In my view, bets are high that we will see a retracement from the current level.
Targets will be 0.99 and 0.996