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AkashGaur
May 14, 2015 1:11 PM

USDCHF Long

U.S. Dollar/Swiss FrancFXCM

Description

POTENTIAL LONG
Comments
AndreicaAdrian
how can you determine long like that ?
AkashGaur
USDCHF has been in a extended downtrend for a while and a reversal is expected soon. Also RSI is showing that market is severely oversold and also indicates that an uptrend can start soon and 0.90770 could be a potential bounce and market might shift in an uptrend
AndreicaAdrian
yes , swiss franc it;s overbought , but still the dollar is weak , I think we should wait for the reversal a little bit .
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