For now, it looks like Russia/Ukraine risk-off sentiment remains palpable.
Risk-off means positive action in the safe havens. For the USD/CHF, the Weekly 50% Retracement at 0.9217 is coming into play. Here's the trade:
1) A buy from 0.9221
2) A 1:1 risk vs. reward worth 25/25 pips
3) If you take this trade, beware of the FOMC Minutes release at 2:00 PM EST!!!
Risk-off means positive action in the safe havens. For the USD/CHF, the Weekly 50% Retracement at 0.9217 is coming into play. Here's the trade:
1) A buy from 0.9221
2) A 1:1 risk vs. reward worth 25/25 pips
3) If you take this trade, beware of the FOMC Minutes release at 2:00 PM EST!!!
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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.
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.