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jrashaadtrades

Swiss Franc Continuing Downward Pressure Against Dollar

Dolar A.S. / Franc Swiss (FOREXCOM:USDCHF)  
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FOREXCOM:USDCHF   Dolar A.S. / Franc Swiss
Trend Analysis
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trendanalysis
I'm bullish the dollar against everything save the Franc and Yen, though I think the Franc will give up ground within the next couple of weeks IF what looks like a preliminary Dollar rally holds. For now, watching this tight range. If demand levels hold, I'll be looking for a long entry with an initial target in the area of the Fib extension (green rectangle).
Dagangan aktif:
Last Friday I pointed out that I thought the Franc would yield up some turf to the Dollar, which seems to be the case this week. Right now the Dollar is testing recent supply area. Need to draw in a new support trendline. I'm currently LONG from 0.93878 with Target 1 @ 0.97275

Idea Berkaitan

jrashaadtrades
USDCHF LONG Trade Update
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USDCHF LONG. Still in profit, looking to add a few lots.
jrashaadtrades
USD Rallying Against Swiss. Current Trade in Profit.
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