0 0
Read Time:40 Second

The Swiss currency, which is very strong against many stocks, has a chance of weakening. The macroeconomic data, which may strengthen the US dollar against all currencies, speak in favor.

The expectations are hawkish, thanks to which USDCHF has a chance to break the resistance which it has already approached several times.

You can see that the most important data are to improve so that today we can see increases in pairs with the US Dollar, and this is what I will expect.

I expect a resistance breakout on USDCHF, and after the M1 retest, I will be looking for an opportunity to trade long. The next attempt to break the level will speak for it (if it happens), and the more such attempts, the greater the pressure on a given level.

Leave a Reply

Your email address will not be published. Required fields are marked *