tomstewy

USDCHF Wedge Forming - Bulls Gaining Strength

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF is forming a wedge after a 6 month long bear market. The 50 and 200 day moving averages have now given a bullish cross and upside looks promising as the US has had a strong economic recovery from Covid19.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.