I envisage a buy opportunity in USDCHF technically I’m anticipating more bullish price action to develop in USDCHF as we recently saw a break of structure in the daily timeframe. Also, price suggest there could be a possible retracement in the overdue bearish trend that has been dominating in this pair for a long period of time now. I believe that this break of structure from the daily timeframe validates the possibility of seeing a retracement (buy).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.