Hi guys, the CHF has a nice setup. After the recent push long, the CHF is sitting at down trending resistance and it just make another small push up. Watch key price level for the CHF pairs. Weakness is more likely for the CHF (which makes sense because Gold is weaker right now). If the CHF breaks above the down trending resistance, it will rocket, so keep tight stops and prepare to reverse if needed. Keep an eye on Gold. If Gold begins to rally, the CHF will probably follow.
This is not investment advice, just my opinion(s). Please trade accordingly.
Trade safe and keep an eye on news.
This is not investment advice, just my opinion(s). Please trade accordingly.
Trade safe and keep an eye on news.
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Related publications
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.