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bruceyam
Feb 3, 2017 1:46 AM

good place to get in USDCHF Long

U.S. Dollar/Swiss FrancFXCM

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USDCHF have ended long term downward movement. If it's going to upside breakout as suggest in the previous ideas, this is the best place to get in and put in parts of the chips. another good place to place chips will be when it really break the red line and stop stop should be low red line. target 1.25 or even 1.4 for medium to long term

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Since Last comment suggested that a good place to get in USDCHF. At this moment USDCHF is already rally back above 1.01. As expected FED is going to have rate hike. And now it's a sweet sentiment for FED to hike rate in March. With the yield different keep widening, USD rally will speed up.
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