Analytics is based on the circular level, price channels and altered wave analysis.
25/07/2019 Technical outlook USDCHF
The general movement of the currency pair USDCHF bearish. USDCHF pair is in the range of 365 and 135 moving averages. Below 135 formed fractal moving average start in the range of two moving signal formed fractal. The breaking of the fractal will start forming a descending level of the structure M15 within wave C level descending design H1, which is likely to be downward wave C H4 design.
Opinions and recommendations on the pair USDCHF:
Sell the pair USDCHF at a penetration level of 0.9842.
Stop Loss - 0.9880.
Target levels - 0.9808; 0.9780.
Author: Eugene Boguraev Grand Capital
Analytical reviews and comments reflect the personal opinion of the authors and are not a recommendation to trade. Special Forex shall not be liable for any damages in case of a vision materials.