USDCHF signal
A good day for our Forex signals subscribers, We asked them to sell our favorite two currencies pairs. Usd/Chf and Usd/Jpy both crashed and our Usd/Chf signal target achieved. Usd/Jpy still running with profits and we are waiting for target. Here is our usd/chf signal which we gave to our subscribers.
Sell Usd/Chf at 0.9882 with stoploss of 0.9912 for target of 0.9840.
Usd/Chf crashed and our subscribers exited at 0.9840, We booked nearly 40 pips in this trade and we juiced approx 400$ profit per lot in this trade.
Currently usd/chf trading at 0.9833, A good support on this major forex pair stands at 0.9798, If traders break this and sustain below this then expect more pressure in this fx pair upto 0.9760- 0.9730.
Good hurdle on usd/chf technical chart stands at 0.9880, If traders break and sustain above this then expect more good recovery in usd/chf upto 0.9920- 0.9960/
Usd/Chf trend is weak for now, we already booked profits in sell and we wont recommend any buy on any dip till market turn positive. No sell on these levels either as it has lost almost 100 pips from peak.
Our usd/jpy signal is also in approx 20 pips profit which is waiting target. Usd/Jpy trading at 109.60, A good support on technical chart stands at 109.20. If traders break and sustain below this level then expect usd/jpy to crack upto 108.80- 108.50.
A good resistance on usd/jpy stands at 110.05, Till market remain under 110 sellers should not sweat and hold sell trade in market. Once it breaks loose 110.05 and sustain above this major hurdle. Then expect buyers to take over this forex pair upto 110.50- 110.90 and even more boost in usd/jpy not ruled out.
Usd/Jpy trend is weak for now, Avoid buy in this forex pair as we have already suggested sell to our subscribers. No sell on these levels either.
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