USDCHF sell trade @H4 chart

USDCHF

As CHF is considering as one of the safe heaven assets along with JPY its gained some strength during this financial crisis time

*The Elliot wave is forming in this chart we can see that Wave 02 is almost completed and stated its run to complete the wave 03

*It will form descending channel.

*We can open short positions at this level which is 0.96400

*0.94300 would be a resistance level we have keep eye on this level

*Primary target would be 0.93100

*And the final target would be 0.91900

*Stop lose may placed above the 0.96900 level