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samatrader
Feb 12, 2017 11:33 AM

usdchf long after small consolidation Long

U.S. Dollar/Swiss FrancFXCM

Description

some reasons make me think that this
cross could grow up in next weeks.

1) closing of three months cycle.
cycle theory tells us that
the first part of a cycle (1/3)
is anyway long or at most neutral.

2) good test of 200 ma

3) bullish divergence on daily charts

4) breaking up of resistance (red trend line)

Comments
Trader_Dale
I think this will go up again as a continuation of a long term uptrend. Good luck mate!
samatrader
@Trader_Dale, Exactly, me too! good luck also to you DALE!
Trader_Dale
@samatrader, My pleasure!! Stay green
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