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Snick3rSD
Mar 23, 2024 12:44 PM

USDCHF - Expect retracement ✅ Long

U.S. Dollar/Swiss FrancFXCM

Description

Hello traders!
‼️ This is my perspective on USDCHF.

Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I wait price to continue the retracement and my point of interest for a long is if price rejects from trendline + S/R level + institutional big figure 0.89000.

Fundamental news: Next week on Thursday we have news on USD, will be released quarterly GDP, which has high impact on currency.

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