G'day Guys.
Let's start on USDCHF today.
USDCHF has made dive deep from previous NFP result. Yet we can see here its heading on Strong Demand Zone.
What we looking today is BUY position which is targeting the price re-bounce. Technically, even NFP result showing the USD weakening but i believe this is only some trap for Retails trader.
Based on my experience, Fundamental result will be only for short-term as its reach based on current situations and am not shock if its change overnight. This is human behavior towards markets.
Some people, might not agree my statement but yeah everyone has their own understand and knowledge based on decade of experience in Financial Markets.
As marked in our chart, let's see what happen next.. Cheers.
Let's start on USDCHF today.
USDCHF has made dive deep from previous NFP result. Yet we can see here its heading on Strong Demand Zone.
What we looking today is BUY position which is targeting the price re-bounce. Technically, even NFP result showing the USD weakening but i believe this is only some trap for Retails trader.
Based on my experience, Fundamental result will be only for short-term as its reach based on current situations and am not shock if its change overnight. This is human behavior towards markets.
Some people, might not agree my statement but yeah everyone has their own understand and knowledge based on decade of experience in Financial Markets.
As marked in our chart, let's see what happen next.. Cheers.
Trade active