Daily Trade forex Recommendation
from
http://investirent.info
USDCHF
USDCHF, like other currencies, is looking to determine its long-term trend. Currently it seemed to have been trapped between 1.2450 and 1.2600 levels.
Short-term traders will have good opportunities to trade USDCHF for short trades as USDCHF seems to stay in the range for the time being. We can find a good buying level around 1.2488, which also will complete the short-term retracement for USDCHF.
RSI is also in the middle and is currently not suggesting any direction and we might see USDCHF being traded in range.
Trade: Buy USDCHF @ 1.2488 for Profit Level @ 1.2548 and Stop Loss @ 1.2458 Target is at 1.2598
