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Feb 15, 2021 9:08 AM

USDCHF H4 - Long Trade Setup Long

U.S. Dollar/Swiss FrancFXCM

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USDCHF H4

Starting the week with pairs carried forward from last week, if it's not broken, don't fix it!

0.89030 was test earlier on this morning, eyes peeled for that 0.89 test again now we have a little better market volume and a good stint ahead of us. USDCHF pulled up last week towards the latter part of the week, but then pulled back downside off the back of the worse than expected Michigan Consumer Sentiment Index figures.

We also fought off worse than expected inflation data on the Wednesday too, yet we are still sitting on our S/R and 0.89 handle. Looking for potential longs again this week.
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