Yuriy_Bishko

USDCHF, Be careful there...

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
The price is approaching the strong Support Zone which includes two strong Lows.
I'll wait for the reaction near that Zone. If it will touch with a huge candle with double ATR it will be a buy signal.
But if it will approach slowly we should hold our Sell positions.
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Before to trade my ideas make your own analysis.
Thanks for your support!

Comments

I see long term support in that area. If it breaks it will fall much further won't it?
+3 Reply
Yuriy_Bishko arthurwolff1
+1 Reply
EURUSD is set to rise further.
By right, CHF moves in tandem with EUR against USD.
How is it that EUR is forecast to rise, possibly to 1.18 (quite possible as of now), while CHF bounced ?
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