USDCHF Trading Idea

Currency Pair: USD/CHF
Timeframe: H1
Date/Time of Signal: 11th November 2019

Review: Recently, USDCHF has been unable to break the strong resistance level of 0.99800.
On 6th November, US President Donald Trump said that he has not agreed to scrap tariffs on Chinese goods, dampening hopes about a coming resolution, causing market to shift to safe haven currency.

Trade signalled to sell USD/CHF (Entry: 0.9960) with 3 Take Profit (TP) Targets (TP1: 0.9940, TP2: 0.9920, TP3: 0.9900) and Stop Loss (SL) at 0.9990.

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