USDCHF D1 Bearish Divergence, Trend line support broken
Looking to Sell USDCHF coming into Swiss unemployment and CPI numbers due to be released today
Bearish divergence indicated on the daily MACD and RSI indicate a possible trend direction change and yesterday's close below the rising trend line support confirms this.
Entry @ 0.97
S/L @ 0.975 50 pips
T/P1 @ 0.956 140 pips R/R 1:1.43
T/P2 @ 0.942 280 pips R/R 1:2.9
Bearish divergence indicated on the daily MACD and RSI indicate a possible trend direction change and yesterday's close below the rising trend line support confirms this.
Entry @ 0.97
S/L @ 0.975 50 pips
T/P1 @ 0.956 140 pips R/R 1:1.43
T/P2 @ 0.942 280 pips R/R 1:2.9