USDCHF - BULLISH BIAS
USD - Bullish
1️⃣ Consumer confidence data and ADP employment reports come in positive ahead of NFP employment data tomorrow night.
2️⃣ The Fed's hawkish comments have prompted positive betting on the greenback. The Federal Reserve boosted its inflation estimates for this year and brought forward the date when it will raise interest rates.
CHF - Bearish
1️⃣ The CHF weakened in today’s positive market environment.
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TECHNICAL
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We're buying this pair on RBS level + SMA50 area + pivot point area on H1 chart.
1️⃣ Consumer confidence data and ADP employment reports come in positive ahead of NFP employment data tomorrow night.
2️⃣ The Fed's hawkish comments have prompted positive betting on the greenback. The Federal Reserve boosted its inflation estimates for this year and brought forward the date when it will raise interest rates.
CHF - Bearish
1️⃣ The CHF weakened in today’s positive market environment.
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TECHNICAL
=====
We're buying this pair on RBS level + SMA50 area + pivot point area on H1 chart.
Trade closed manually
Close position on 0.92620 (+20 pips)
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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.