Recent weakness in the USDCHF cross provides the possibility to start considering LONG entries.
There is the chance of retreating further towards the bottom of the channel
but equally the downwards movement stopped at the FIB levels.
Just depends how strong the Dollar will continue to outperform against an equally strong Swiss Franc
For the time being my money is on the US Dollar.
Long USDCHF
There is the chance of retreating further towards the bottom of the channel
but equally the downwards movement stopped at the FIB levels.
Just depends how strong the Dollar will continue to outperform against an equally strong Swiss Franc
For the time being my money is on the US Dollar.
Long USDCHF
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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.