krissur

USDCHF reversal

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF is yet another USD related pair that has been trending for some time but now it has come to an end. And since “the trend is our friend until the end when it bends” we closed our long positions and are now looking for short positions.

Next week we will get more information on the new horizontal support and resistance lines as well as a new trendline.
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