traderjoshh
Long

USD/CHF LONG TERM TARGET

FX_IDC:USDCHF   U.S. Dollar / Swiss Franc
24 0 0
Due to falling oil             prices the dollar has been increasingly gaining strength and looks set to break out of its current trading price and in the long term reach around 1.17 price level which is also confluent with the 61.8 extension. We will see into the later stages of 2015 how this plays out. I am waiting for a breakout and retest for an entry then will be riding this all the way. I will be looking for pullbacks to scale in and add to my position.
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