USDCHF Retest Important Trendline Resistance

Daily Chart : Uptrend last week but bullish momentum is decreases

Daily Chart Plan

A. waiting for reversal pattern for short.

  • Engulfing bar , pinbar
  • Target 0.9542 important support zone
  • keep an eye on 0.9737 ( 1 hour chart ) , strong candle break below 0.9737 bearish confirmation.

B. break above the trendline could face key resistance level 0.9840

  • still bearish , wait for reversal pattern



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