EUR/USD - POTENTIONAL LONG- CORRELATION USD/CHF
This is purely a TA post, fundamentals have not been considered, as if euro continuing being weak this will ruin the trade.
Anyway, this is a correlation to USD/CHF potential short which correlates to potential buy for this pair, then when looking at the chart you can see it has been creating lower highs throughout the years, the EURUSD pair is coming in to the area where potential reversal could happen to create another lower high, also the stoch is showing this pair to be very over sold.
Anyway, this is a correlation to USD/CHF potential short which correlates to potential buy for this pair, then when looking at the chart you can see it has been creating lower highs throughout the years, the EURUSD pair is coming in to the area where potential reversal could happen to create another lower high, also the stoch is showing this pair to be very over sold.