USDCHF SETUP FOR ANOTHER LEG HIGHER
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Yesterday most of the USD pairs (Eur,Gbp,Aud,Nzd) broke to fresh highs, except UsdChf bears did not managed to break lower or attack the previous swing low.
I am seeing a good chance of a rebound in this pair, this is my edge for buying dips with tight stops.
Blessings to you all.
I am seeing a good chance of a rebound in this pair, this is my edge for buying dips with tight stops.
Blessings to you all.
Nota
Today i took a long position on the USD Index. I am not posting a new idea, because its relating to this one.Its a counter trend trade, and quite risky, but it fits my criteria, risk can be the GDP release later on. Anyway i like the way the USD yesterday rallied, and i am now having a feeling that we might see some days of USD bullishness.
Stop is below recent swing low, and targets can be found around 94.30 and 95.00.
4H Chart:
Daily Chart:
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