USD CHF has been on a down trend for the last month till early this month when it went into consolidation early this month ......went to consolidation early this month and the there was a break in buys to 0.92000 a key institutional level ....am anticipating for the market to sell from this key institutional zone .........the low of this month has been set close...
Th usa economy is recovering as per the news and chair powell have anticipated ....the dollar will regain its strength as the economy reopens in the coming months ......we might hit the 1.40000 zone to go down ..... but it all depends with how the fed will handle inflation and how fast the remaining states will open up and jobs to resume ...... ALL THE BEST HAPPY HUNTING
if the zone is broken on the upper side i wll be jumpinh in for a buy with a target of 50 - 100 pips maximum
the market respected the trend line and if it breaks the highest poin of last week we will be going short for long term
long term buys but take trades with risk management
am expecting this pair to go loong since the market has retested a key level zone
eruusd has reached its maximum oint and the market is accumulating contracts in order to move down