Long

USDCHF MARCH 2022

Updated

I anticipate the price to complete the correction and then start rising.

Trade on USDCHF is highly negatively correlated with EURUSD, which I anticipate to fall.

FED rate decision may trigger that move, if geopolitical reasons will not trigger this move prior to FOMC meeting minutes.

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Price jumped from the bottom.

Now I anticipate price to complete the correction and then continue upside.

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Similar price behaviour

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Missed the first entry.

If the price corrects on 1h/2h time frames I will consider joining the bullish trend.

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I anticipate the price to complete the correction.

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Nine-Trader

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