USDCHF failed to break 1D resistance. Targeting fib 50
Why to
* Today got Bloomber newsletter with title "American power fades". It is more related to Trump, but i take this as a sign
* Rsi overbough
* Currency strength CHF is above usd for this week
* Crossed 1h 200sma
Why not
* It is not strong move, it only could be just overbought action
* USD still strong currency and downtrend could be temporal action.
Why to
* Today got Bloomber newsletter with title "American power fades". It is more related to Trump, but i take this as a sign
* Rsi overbough
* Currency strength CHF is above usd for this week
* Crossed 1h 200sma
Why not
* It is not strong move, it only could be just overbought action
* USD still strong currency and downtrend could be temporal action.
Note
Closed temporaly till FOMC finishes. After that we will see if it is worth to reopen
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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.