Should price action for the USDCHF remain inside the 0.9190 to 0.9210 zone the following trade set-up is recommended:

• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position @ 0.9200
• Take Profit Zone: 0.9010 – 0.9030
• Stop Loss Level: 0.9250

Should price action for the USDCHF breakdown below 0.9190 the following trade set-up is recommended:

• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position @ Retracements in the trend; sell orders during rallies
• Take Profit Zone: 0.9010 – 0.9030
• Stop Loss Level: 0.9250

Should price action for the USDCHF breakout above 0.9210 the following trade set-up is recommended:

• Timeframe H4
• Recommendation: Long Position
• Entry Level: Long Position @ 0.9220
• Take Profit Zone: 0.9300 – 0.9320
• Stop Loss Level: 0.9170

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

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