USDCHF MORE DOWNSIDE

2019-11-12 16:46:31

The USDCHF yesterday retraced from the high posted on Friday 0.9979, measuring Yesterday's range and the price action during the Asian session indicates more downside should be expected. This however depends on the 0.9950 which corresponds to 38.2 retracement of yesterday's range.
Short below 0.9940.
Stop @ 0.9952
Target1: 0.9920
Target2: 0.9900