USDCHF Short
If price can't break through to the upside at this level, then a break down could go to 0.91 900 and then 0.89590
Monthly
1. EMA’s are bearish
2. Price is now at confluence of previous month high and 0.5 Fib retracement from January 2018
Weekly
1. Descending channel
2. Price has moved off the channel support
3. EMA’s are bearish
4. Price is testing the 20 EMA Resistance, monthly and monthly fib confluence and previous structure support now resistance
Daily
1. 2nd test of monthly price resistance
2. Confluence with R1 and R2 fib levels
3. EMA’s are bullish
Monthly
1. EMA’s are bearish
2. Price is now at confluence of previous month high and 0.5 Fib retracement from January 2018
Weekly
1. Descending channel
2. Price has moved off the channel support
3. EMA’s are bearish
4. Price is testing the 20 EMA Resistance, monthly and monthly fib confluence and previous structure support now resistance
Daily
1. 2nd test of monthly price resistance
2. Confluence with R1 and R2 fib levels
3. EMA’s are bullish
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