Iridium
Long

USDCHF BULLISH INTO FED MINUETS

FX:USDCHF   U.S. Dollar / Swiss Franc
202 0 0
USDCHF             LOOKS TO CONTINUE ITS TREND TO THE UPSIDE GOING INTO NEXT WEEKS FED MINUETS AND RATE DECISION. GIVEN THE SUPPORT OF THE CENTER LINE IT IS HIGHLY PROBABLE OF RETEST AND OR BREAK OF THE UPPER TREND LINE ON THE ANDREWS PITCHFORK INDICATOR. MANY EXPECTATIONS POINT TO A DOVISH FED MINUETS GIVEN THE EUROPEAN SLOW DOWN AND STRONG DOLLAR WHICH CAN PUT A DAMPER ON EXPORTS. A GOOD OP-ED http://www.bloombergview.com/articles/2014-10-24/here-s-what-the-fed-will-do .
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