USDCHF: NEXT WEEK WILL BE BULLISH

Reasons to buy:

1. The support has been respected
2. Institutional COT has opened a lot of shorts on CHF, wich means that USDCHF will respect this support.
3. From a monthly perspective, the price never has been lower than the actual price, wich means that from an economic point of view, it's very unlikely that the price continue to fall.

Please comment your thoughts about this pair!
Trend Analysis

Penafian