Hello traders! ‼️ This is my perspective on USDCHF.
Technical analysis: After the change of character price started to make lower lows and lower highs, so I am looking for shorts. I expect price to continue the retracement to fill the imbalances higher and then to reject from bearish order block.
Fundamental analysis: Next week on Thursday we have news on CHF, will be released Interest Rate which is forecasted to increase by 0.25%, this means strength in currency. If this happens it will support our analysis.
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