USDCHF - Upward trend will continue, Long trade by market price recommended

August 29, 2019 7:34:22 AM by Alexander Zorevyk
Forecast Details
PairUSDCHF
Direction Buy
StatusClosed (0.988)
7:28
7:28
Aug. 29, 2019

+64 p
0.9880
Target 1
0.9815
Entry
-65 p
0.9750
Stop Loss
Chart & Analyst Comments
USDCHF - Upward trend will continue, Long trade by market price recommended
  1. The ratio of buyers and sellers is close to parity, it's time to think about price turning up.
  2. We see an accumulation of loss sellers below the current price in the right Order Book. This cluster can act as a support.
  3. Here is the crucial stop loss level to serve as a goal for our Buy trade idea.