BlueberryMarkets

USDCHF BULLISH FLAG BREAKOUT

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
We have been monitoring USDCHF as we expected some CHF weakness to re-enter the market
as the Swiss National Bank has started to talk of intervention. This would naturally see the
currency weaken and USDCHF, in particular, has now broken through the bullish flag pattern giving us
potential long opportunities.
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