mrTylerDurden
Long

The situation with USD/CHF is similar to that of EUR/USD

FX:USDCHF   U.S. Dollar / Swiss Franc
35 0 1
The situation with USD/CHF             is similar to that of EUR/USD             , but the uptrend is more strong, so we will wait for further growth and if the level of 0.98900 is broken up, we will buy and if the level of 0.98200 will be broken down, we will sell. But it is worth remembering that we do not open buy/sell positions at once, you must wait for the retest and return to average prices.
Exponential moving averages with periods of 24 and 12 are used for trading by USDCHF             trend. Trading is carried out only on the hourly timeframe. EMAs like dynamic support and resistance levels are used to define buy/sell signals, and intersections of moving averages are also taken into account.

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