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Buy USDCHF at 0.9000

Forex Trades 279 Views

Pivot: 0.8850

Our preference: Buy USDCHF at 0.9000 with targets @ 0.9070 & 0.9120 in extension.

Stop Loss: A 4 hours close below 0.8860

Conviction: The USDCHF is about to test the rising trendline set at the beginning of last week. Weekly candle price action. Daily RSI is turning upwards after correcting while CCI is just crossing from the negative to the positive one

Support 1 Support 2 Support 3 Resistance 1 Resistance 2 Resistance 3
0.8970 0.8950 0.8820 0.9030 0.9070 0.9100

 

USDCHF Hourly | FXLORDS

 

 

 

 

 

 

 

USDCHF Daily | FXLORDS

 

 

 

 

 

 

 
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About Razi Hammouda

Razi’s professional experience was gained over the course of more than a decade working with leading Forex market makers in the Middle East, Asia and Europe where he learned about trading, financial instruments and global markets. Being exposed to the wide range of skills he acquired along the years, he continued to develop his trading strategies and further improving his track record in Forex trading. He used innovative business development strategies to find FXLORDS, helping it to rapidly become a major provider of education and trading tools to the successful trader. He is an enthusiastic individual, motivated by challenge and renowned for pushing the limits, always looking to gain some more experience and help as much as possible along the way.

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