USD/CHF reversal maybe finally here
this week my main trade plan before I heard about the crazy us gdp growth and I saw other things developing was to trade this, the fact that all other pairs have been falling against the dollar and the Swiss franc holds its ground mostly and was very choppy, I was originally looking to solicit at the higher horizontal rectangle but then on the hourly chart I saw the 200 ma creeping down to an area that has been acted as support and resistance alot in the past so I added the lower rectangle level of support and if the 200 holds ands theres more confluence ill be looking to solicit there
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.