USD - Strong GDP data. Claims were released slightly below the cons.; ISM PMI positive expectations - Oversold dollar due to exaggerated cut expectations - Bullish CFTC
Technical & Other
Setup: TR(B) Setup timeframe: 4h Trigger: 1h Medium-term: Down Long-term: Down Min target: Local mirror level, 3R Risk: 0.22%; 1R
* 1st entry 0.5R near the down band of the local range (buy limit); 2nd 0.5R when 1h closed above DMA(10)
Comment
CHF shrugged off positive Retail sales and PMI data - another reason to stay bullish here
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