USDCHF - Go Long but Pay Attention!
The USDCHF reverse the downtrend and the EMAs + the trend line is supporting this idea. If the EMA 25 crosses upwards the EMA 50, without doubts we can go long, at least 2 Fibonacci levels as shown.
Be careful, because if this pattern is not confirmed by the EMAs, the currency could keep the downward trend that remained for quite a long time.
Be also careful, since at 12:30 (8 am - 8:30 ET) there are news releases affecting dollar.
Be careful, because if this pattern is not confirmed by the EMAs, the currency could keep the downward trend that remained for quite a long time.
Be also careful, since at 12:30 (8 am - 8:30 ET) there are news releases affecting dollar.
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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.
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.