USD/CHF (We are expecting No FED hike this month)

View On USD/CHF (30 Jan 2019)

I see the fed shall not raise the rate tonight?
Why? They have no reason to do so. National GDP and Unemployment rate are within the expected range.

We may have some "risk on" effect due to the no hike and it can bring positive impact on USD/CHF
We are taking off my previous short bias on this pair.

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Our Analysis
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Long (entry is valid as long as the price is 'above' 0.9840)
SL 0.9720

TP1 0.9968
TP2 1
TP3 1.0059


DYODD, all the best and read the disclaimer too.
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Thank You!



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Trade closed: target reached:

Updated on USD/CHF (12 Feb 2019)

Did you follow? Congrats to you.
+100 pips TP range is hit.