Dear traders, if you have been following USD/CHF , then you have certainly anticipated the fall in this pair.
The interest rate hike by SNB just gave the much-needed impetus to this rapid fall. In fact, other pairs like
AUD/CHF and CAD/CHF also fell rapidly as price was at a resistance level.
I personally milked USD/CHF, CAD/CHF and AUD/CHF over the last few days with hundreds of pips in the bag.
Here's a chart on CHF where you can see that I caught the absolute TOP
Currently, USD/CHF is inching towards a minor support level which could lead to a moderate pullback towards 0.9850.
I would be waiting to see the price action in the support level before buying USD/CHF. If bullish price action happens
in the support level, I would consider a buy trade with 0.98 as the TP.
The interest rate hike by SNB just gave the much-needed impetus to this rapid fall. In fact, other pairs like
AUD/CHF and CAD/CHF also fell rapidly as price was at a resistance level.
I personally milked USD/CHF, CAD/CHF and AUD/CHF over the last few days with hundreds of pips in the bag.
Here's a chart on CHF where you can see that I caught the absolute TOP
Currently, USD/CHF is inching towards a minor support level which could lead to a moderate pullback towards 0.9850.
I would be waiting to see the price action in the support level before buying USD/CHF. If bullish price action happens
in the support level, I would consider a buy trade with 0.98 as the TP.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.