Strifor || USDCHF-17/05/2024
Preferred direction: SELL
Comment: Following our recent trading ideas, the US currency has strengthened slightly. This should not be confusing as the bearish potential for the US dollar remains.
Also for the franc. Not long ago we held shorts to the level of 0.90108. This time we also consider this level as a target and most likely the instrument will begin to fall as much as possible from current prices (scenario №1). Less likely scenario №2 involves a fall from the level of 0.91424, this deal will be more conservative.
Additional comments on this trade will be provided as situation changes. Follow us!
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Comment: Following our recent trading ideas, the US currency has strengthened slightly. This should not be confusing as the bearish potential for the US dollar remains.
Also for the franc. Not long ago we held shorts to the level of 0.90108. This time we also consider this level as a target and most likely the instrument will begin to fall as much as possible from current prices (scenario №1). Less likely scenario №2 involves a fall from the level of 0.91424, this deal will be more conservative.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
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🔥Trade with Strifor broker 👉 t.me/+vEBNFbz_wItmNzhi
Related publications
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.