Let's not forget that the overall direction of the Dollar is now in a downtrend. USDCHF has completed its first impulse wave to the downside, which would count as Wave 1 of the downtrend.
Now expecting a Wave 2 retracement, which will be supported by the mid term buys on the Dollar Index.
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USDCHF running £2,500 (140 PIPS) in profit for our bigger Gold Fund investors. Everyone here should be in the trade, as the analysis was posted for free📈
Trade active
⋅
USDCHF running £3,500 (215 PIPS) in profit for our bigger Gold Fund investors. Everyone here should be in the trade, as the analysis was posted for free📈