Same reasoning as EURCAD trade (capture possible drop in price to 1.50 psychological support by end of trading week). Setting up short stop order with TP @1.50 and SL @1.5604. Must monitor this closely as well esp since higher risk of getting whipsawed for this pair (1.55 is psychological resistant which makes the price "sticky" to it).
Daily:
Weekly:
Confidence: C (esp overall sentiment on CHF is still bearish and EUR's sentiment is affected by USD; must also close this pair before US NFP news tomorrow)
Daily:
Weekly:
Confidence: C (esp overall sentiment on CHF is still bearish and EUR's sentiment is affected by USD; must also close this pair before US NFP news tomorrow)
Trade closed manually:
Manually closed before NFP news; will re-enter later or next week.
