The pair has made a pushback to the upper side of the ichimoku cloud but has also retested the 200MA. On the fundamentals side, the SNB is doing way better than the BOE benefiting more to the Swiss currency. For these reasons I am going short on the pair with a target at 1.09524 .
Note
Hold.. Patience is keyNote
Dropping nicely, securing some profits!Note
Broke out of the cloud! TP1 almost reached.Note
Still active. PLease understand that those are swing trades. The RR to the target remains positive! Managre risk properly!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.