KlejdiCuni

USDCHF: Range Trading

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
As we all know USD and CHF are both Safe- Haven Currencies,
but considering the actual situation, the price is trying to choose
which one of them is the strongest.

This is making it move up and down in a range of 220 points.

This trading range began since Aug-21 on the daily chart and it looks like
that market is happy to keep the price blocked here.

The Price can continue moving inside the trading range for an unspecified period of time.

Thank you and Good Luck!




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