U.S. Dollar / Swiss Franc
Short
Updated

Trump's latest tariff announcement weakens the dollar

105
🔔🔔🔔USD/CHF news:

➡️ US President Donald Trump on Sunday announced a 100% tax on films produced outside the country. A move to reimpose tariffs by President D. Trump. This move, once again raised concerns about the Trump administration's tariff policy. At the same time, the uncertain context of potential trade agreements between the United States and its trading partners has not been completed, causing the USD bulls to decrease. The US dollar fell again amid trade uncertainty and repositioning before the Fed.

Personal opinion:
➡️ The trade agreements are still uncertain and it is positive only at the level of cooling down between the parties involved, causing the USD to decrease.

➡️ Analysis based on important support resistance and Fibonacci levels combined with EMA to come up with a suitable strategy

Plan:
🔆Price Zone Setup:

👉Sell USD/CHF 0.8256 - 0.8270
❌SL: 0.8296 | ✅TP: 0.8200

FM wishes you a successful trading day 💰💰💰
Trade active
Personal Plan:
Hit + 55 pips from Sell 0.8270

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