its more a neutral then bullish for the next few days
CHF is showing some weakness this year,
the last FED meeting pushed the price above the KUMO cloud indication a bullish sign, however
after we have crossed the 100 and 200 MA like a sharp knife we will expect a small drop to test
them again and buy that time we will be on the first Yellen speach before the Hike on 6 june
where the price will jump back up until the next meeting where Rate hike is possible by now. it will push the price to the 1.03 level.
if Rate Hike Fails the USD will crash and we see a new LL
the last FED meeting pushed the price above the KUMO cloud indication a bullish sign, however
after we have crossed the 100 and 200 MA like a sharp knife we will expect a small drop to test
them again and buy that time we will be on the first Yellen speach before the Hike on 6 june
where the price will jump back up until the next meeting where Rate hike is possible by now. it will push the price to the 1.03 level.
if Rate Hike Fails the USD will crash and we see a new LL