USDCHF - NEXT MOVE - COT REPORT - SEASONAL DATA
Over the last two weeks, USDCHF has been experiencing some bearish pressure. I am expecting a move to the downside. The COT report shows signs of weakness from the USD as they add on more short orders. CHF is still overall bullish in momentum as coronavirus cases continue to increase over the last few weeks. Seasonal data lines up perfectly this week as we experience a steady decline in value from the USD across the month of October.
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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.