USD/CHF: The Monthly Probability is Bearish as price is retracing inside

Tian Kriek

Analyst


June 5, 2020 09:40 AM

BEARISH

Daily Trading Range:
USD/CHF: The Monthly Probability is Bearish as price is retracing inside the Up AB Boundary. The Weekly Probability is Bearish as price is moving from the C to the D about +780 pips away. The Daily Fibs are also on a DOWN ABCD Swing with the D extension about +450 pips away at 0.9255 Get this chart and analysis for free. Copy and Paste the following link in your browser: https://smarttrader.com/charts/tkriek/tk-aod-london-workspaces_29/

Daily Chart

Daily Chart

Daily Support and Resistance

Resistance 3: 0.9960
Resistance 2: 1.0000
Resistance 1: 1.0300
Current Price 0.9643
Support 1: 0.9600
Support 2: 0.9500
Support 3: 0.9000

Two Hour Chart

Two Hour Chart
10 Keys to Successful Forex Trading