USD / CHF: Daily chart - downtrend
Price levels of horizontal, diagonal resistances and 200 MA
Price aciton: indoor bar and formation "top-spin" a false breakout of resistance and 200MA - possible reversal of the price
indicators:
50/200 MA: price below 200, 50 under 200MA - a negative signal
DeM (14): In the area of over-bought market - possibly turning the price downwards
SL: 0.98743
Alternative scenario: If the price crosses above the resistance it is possible to break the negative trend id rather see appreciation of the couple.
Jr_Trader_I_Ivanov
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