UncleBullFX
Long

USDCHF | More upside? | 18 May

OANDA:USDCHF   U.S. Dollar / Swiss Franc
#USDCHF 2H | Short-term

This pair has touched the upside trendline 3 times and bounced from it, which leads us to believe that the upside momentum is still strong.

We can also see that the downside trendline ( aka . correction flag) has been broken and retested. Which gives us more reason to think that there will be more upside to come on the USDCHF .

📰 Fundamentals to watch:
- U.S. Building Permits
- U.S. Crude Oil Inventories
- U.S. Federal Open Market Committee (FOMC) Meeting Minutes
- U.S. Initial Jobless Claims
- U.S. Philadelphia Fed Manufacturing Index
- U.S. Existing Home Sales

Risk Only: 2-3%
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Comments

I have made this overall MTA for usdchf, pretty interesting pair
Reply
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