U.S. Dollar / Swiss Franc
Long
Updated

Enough Jobs to Knock It Off

87
Fundamentals & Sentiment

USD:
- Undervalued according to many market internals
- Monster jobs data (NFP, Unemployment, etc.)

CHF:
- Generally, the franc is too expensive for SNB's liking
- Bearish Internals

Technical & Other

  • Setup: S(B)
  • Setup timeframe: 4h
  • Trigger: 5m
  • Medium-term: Range
  • Long-term: Down
  • Min target: Aug highs
  • Stop loss: 0.33%
  • Position size: 0.7R
Trade closed manually
Closed on new bombings in Middle East.

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