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kgbrah
Dec 31, 2016 9:08 PM

USD/CHF Long on breakout above 1.034 Long

U.S. DOLLAR / SWISS FRANCICE

Description

Given divergent Central Bank policies and the Swiss wish to intervene in the FX market to suppress the Franc, USD looks like a great bet for the next couple of years. Euro zone political instability could serve to strengthen the Franc, but relatively speaking the dollar should still prevail.

This looks like a pullback that we should be buying.
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