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USDCHF Long Setup

Long
U.S. Dollar / Swiss Franc (OANDA:USDCHF)  
Forex48_TradingAcademy  
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Technical Indicators Fundamental Analysis forexsignals Forex signalservice USD dollar BCE fed
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trendanalysis indicator fundamental forexsignals forex signalservice usd dollar bce fed
On USDCHF, we have a price that has returned to the 0.883 area after almost 2 years. I have highlighted a demand zone within which the market has created an additional support zone that could be the entry point for a long trade that I partially set up. Risk-reward ratio is 1:12.
Be aware that the ECB press conference will take place in less than an hour.

Let me know what you think.

Good trading to all.

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