Today in forex trading there was a short term day trade sell signal on the USD/CHF. See the live signal below on The Forex Heatmap® along with the price chart movement. This was a good quality sell signal on this pair and the movement was strong, however this pair is cycling on the H4 and H1 time frames between support and resistance, so we would treat this sell as a short term trade or day trade. Scale out lots and manage any profitable sells, we expect this pair to cycle back up in a day or two.
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| Forex Day Trade USD/CHF Sell Signal 8-16-2016 |
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