USCHF breakout on the weekly?
Swissie is effectively at the same level it was 2 years ago before the SNB dropped it's peg. Despite the volatility from that fallout price action has remained quite muted. I'm hoping to see a sustained breakout to the upside on the back of the strong dollar.
Parallel channel lines fit nicely, so the potential is there. We'll need to see a weekly close above 1.0320 to add to longs and confirm our bias.
Parallel channel lines fit nicely, so the potential is there. We'll need to see a weekly close above 1.0320 to add to longs and confirm our bias.
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