Should price action for the USDCHF remain inside the 1.0090 to 1.0150 zone the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Short Position
• Entry Level: Short Position @ 1.0100
• Take Profit Zone: 0.9000 – 0.9100
• Stop Loss Level: 1.0300

Should price action for the USDCHF breakdown below 1.0090 the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Short Position
• Entry Level: Short Position @ Retracements in the trend; sell orders during rallies
• Take Profit Zone: 0.9000 – 0.9100
• Stop Loss Level: 1.0300

Should price action for the USDCHF breakout above 1.0150 the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Long Position
• Entry Level: Long Position @ 1.0180
• Take Profit Zone: 1.0280 – 1.0300
• Stop Loss Level: 1.0090

Open your PaxForex Trading Account now and add this currency pair to your forex portfolio.