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Forex_League_Analysis

USDCHF 30min Analysis December 28th, 2020

Dollar A.S. / Franc Swiss (OANDA:USDCHF)  
Forex_League_Analysis  
OANDA:USDCHF   Dollar A.S. / Franc Swiss
Trend Analysis
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trendanalysis
We are waiting for price to pullback to the .8890 level to see how price will react to the bullish trendline and 200MA on the 30min timeframe.

Trade Scenario 1: Bullish - If we see strong bullish pressure/engulfing/variations at .8890 we will look to enter long.

Trade Scenario 2: Bearish - For us to look short we need to see price break through the supporting trendline and the 200MA. We will then look for a clear LH to form below .8890.
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