Forex Trend Analysis USD/CHF 2-11-2015

The USD/CHF is not in a trend now. The analysis indicates that this pair is consolidating and is going sideways, therefore, to catch the next move we are setting a straddle alarm on this pair at 0.9200 and 0.9300 to catch movement in either direction. A further discussion of price alarms is available for review. After the alarm hits you can verify the trade entry with The Forex Heatmap®. There is plenty of room to move in either direction as there is no nearby support or resistance past the straddle alarm prices. The trend indicators you see are exponential moving averages.

Forex Trend Analysis USD/CHF 2-11-2015

Forex Trend Analysis USD/CHF 2-11-2015

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