USD/CHF - Short Term Bottom - 4/8/2016

FX:USDCHF   U.S. Dollar / Swiss Franc
22 0 3
USD/CHF             tried downside several times this week and failed with good bounce from 0.9540 and 0.9520. With our today's negative EUR/USD             bias, obvious trade is USD/CHF             long. 0.9540 can be a good entry on retest or you can scale it in from here at 0.9560. Otherwise it needs to break 0.9580 and hold it as support. Let's see how that works out.
Comment: EUR/USD short with USD/CHF long is kinda concentrated position. And we don't like to keep risk in one basket. Taking this 15 pip gain and will try to manage the remaining position trading around 0.9560 entry.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out