USD/CHF to the prior low
last week the Usd chf saw significant downwards momentum as it repelled a bullish rally. this rally was the cause of an inverse head and shoulders on the pair from january. during the latter part of the head and shoulders a set of higher highs was seen forming in the pair to establish a dynamic support. however last week price sliced right through the dynamic support trend line retested it and strongly rejected down into the consollidation zone cofnriming it has now turned into resistance . the retest has allowed us to form a trendline to which is in line with the overall bearish perfromance of the usd/chf. my trade on this pair will be to the previous low . trade at your own risk never risk more than you can afford to lose. good luck.
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