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Today, the Swiss franc is strong and puts pressure on the US dollar
After a sideways trend in the Forex currency pair with the US dollar, the Swiss franc began to show its strength. The chart shows that the uptrend is broken, the price is below the 200 average and may continue to fall if it overcomes the nearest support level of 0.9210. The price does not have a very large range for the Take Profit, but given that this is not a highly volatile currency pair, the target of 45 pips will satisfy the day trader.
Order Type: Pending Order - Sell Stop
Entry Price: 0.92100
Take Profit: 0.91650
Pips Earning: 45
The result of a trade recommendation. The price reached the Take Profit level on the 5th day.
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