USDCHF loses momentum, and is now bearish

Supported by a strong Swiss Frank, USDCHF pair broke below the lower limit of the rising channel and is now forming a lower low, after forming a lower high which initiates a new downtrend.

My technical bias is bearish on the pair to target the next support level at around 0.9142. SELL THE HIGHS

Trade chiuso: obiettivo raggiunto:

Hit my TP at 0.9142