Hey tradomaniacs,
recent sell-off has ended with a re-test of a strong support-zone which has shown lots of demand. Very likely to see another move up here especially since USD is so strong due to the FEDs policy.
What do you think?
Hi everyone this is my trade set up for the USD/CHF for the new week ahead
USD/CHF I expect a drop to around the 0.91255 area, then I am looking to take a buy trade hopefully off the trend line
and a bullish candle confirmation if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place...
Buy now for Usd / Chf.
If you look at the current price, the price has broken the down channel. seen a reversal by breaking the blue line and trendline.
the blue line can become the RBS area (resistance becomes support)
