Along with EURO, the CHF is also showing strength against the USD.
USDCHF is on the downward trend with the lowest price in a year @ 0.952 on Thurday
Patience waited until the pair ended the correction at the Fibonacci Retracement 38.2%, I jumped into the short sell with stoploss farther than the strong resistance @ 0.96.
What a perfect stoploss
![Smile](https://dukascopy.asia/fxcomm/js/wysibb/theme/default/img/smiles/sm2.png)
USDCHF is on the downward trend with the lowest price in a year @ 0.952 on Thurday
Patience waited until the pair ended the correction at the Fibonacci Retracement 38.2%, I jumped into the short sell with stoploss farther than the strong resistance @ 0.96.
What a perfect stoploss
![Smile](https://dukascopy.asia/fxcomm/js/wysibb/theme/default/img/smiles/sm2.png)
![](http://www.dukascopy.com/imageserver/img/bfc348bdff2c879b0d0a574a4a7a1c09/500_2/image.jpg)