U.S. Dollar / Swiss Franc
Long
Updated

USDCHF - Range play towards 1.03?

235
Read about US stopping QE over the weekends. I am not a big fan of news but this caught my attention.

More QE = Weak dollar
No QE = Strong dollar?

Buyers are buying in high volumes of USDCHF around 0.9460.

Even if we do not see a full bloom bull in the USD, I will not be surprised to see USD strengthen over the next few weeks.

1.03 is a nice daily range profit target.
Note
Moving up slowly but surely.

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