USDCHF Approaching an important supply zone
Updated
Hey Traders, in the coming week we are monitoring USDCHF for a selling opportunity around 0.912 zone, USDCHF is trading in a downtrend and now seems to be in a correction phase in which it is approaching the major trend around 0.912 support and resistance zone. i would also consider this setup as CHF is considered a safe haven in time of uncertainties and considering that the market is expecting a cut in rate hike from the federal reserve.
Trade safe, Joe.
Trade safe, Joe.
Note
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