USDCHF would reach 0.89 during a month
In my opinion, the correction impulse that started after CHF reached multi-year highs against USD would continue. The USD could erase part of its year losses and touch 0.89 during the next month. The scenario will be canceled, if the Swiss currency resumes its long-term trend and breakout the level of 0.86975.
Nota
It is interesting that after the US inflation data, the franc tried to break today the support of 0.86975. But finally, the pair is closing near yesterday's close shaping a doji. I comprehend that currently franc buyers do not have enough energy to diminish the price of the dollar. I stick to my guns, i.e., 0.89 USDCHF.Trade fechado manualmente
Last Friday, USD tried to reach 0.89 but stopped at 0.8875. I still believe that USD could reach 0.89, but from a trading point, there is no reason to wait for it- because most of the expected dollar against frank growth has occurred.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.