FX:USDCHF U.S. Dollar/Swiss Franc
hello, this is a long term setup, i agree the USD is weak this days, its is a necesarry correction. After that will regain strenght because of fundamentall reasons. May be we will have some positive news this wednesday on the FOMC statement. The technicals also support this bias. I expecto the level 0.95 to hold. Anyway the R/R ratio is very good to enter at current price
agree it was a gd RR thus i did enter since 0.95 was tested many times. Alas, weakness in USD overcame this one. However, long run this is still a good pair to long. Have you tried a bullish flag formation here since it is trading below 0.95 already. I will be very bullish if it can break above 0.97 - what do you think?