USDCHF Long setup

25 Eki 2016

• Price broke through descending trend-line
  
• Price currently at resistance which is also the 127.2% D extension
  
• Waiting for price to retest broken trend-line
  
• Price likely to retrace to the highlighted demand zone which is,
  
• The area between 50%-61.8% zone
  
• Stochs looking overbought on the daily
  

USDCHF