USDCHF (1.0185)

USDCHF broke above 1.0200 level on Friday. The move was caused due to
heavy profit taking by the traders closing their weekly trades.

The trend remains downwards and selling for anything above 1.0200
level will be a good opportunity for initial target around 1.0130
level.

Recommended Trade:

Entry 1: Sell USDCHF @ 1.0210
Entry 2: Sell USDCHF @ 1.0275
Stop: 1.0305
Profit 1: 1.0130
Profit 2: 1.0000