USDCHF still valid

USDCHF

The previous analysis pointed to a rebound and exit of the price after the formation of the flag, with detailed instructions for two possible games. We can see in the pictures that the scenario is coming true and we can only confirm its continuation. The more accurate analyzes, the more difficult it is for me to develop new ones, because when the price goes in the assumed direction, it makes no sense to write that you are right, there is still observation and waiting for possible signals.

Let’s remember that today is the beginning of the month and the world predicts a lot of macroeconomic data. These two factors will have a big impact on the market today and tomorrow, as usually the first seven days of the month are new contracts. After yesterday we saw some nice trends, I also expect good moves for the next ones. Today’s data for the US and the expected reduction in the number of benefits applications may also strengthen the US dollar.