USDCHF (1.1363)

USDCHF is moving nicely in a smooth downward trend and we might see USDCHF
gathering a bit more momentum during this week. Currently a good selling
level around 1.1390 can be seen and in case USDCHF breaks above 1.1450
level, another sell at 1.1480 is suggested to average out both positions.
Initial target is seen at 1.1290 level

Recommended Trade Levels

Trade 1: Sell USDCHF @ 1.1390
Trade 2: Sell USDCHF @ 1.1480
Stop: 1.1570
Profit Target 1: 1.1290
Profit Target 2: 1.1235