Tradeplicity
Short

DXY short term correction?

FX:USDCHF   U.S. Dollar/Swiss Franc
7 0 0
If you cannot trade the DXY             , a very highly correlated pair is the USDCHF             , we are bouncing off the top range of the channel which is about the 0.765 Fibo Level.

Target 1 - bottom of the channel 1.004 area
Target 2 - 0.98000 area
Stop Loss - above recent high 1.017-1.018 area
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