USDCHF is showing possible longs. Dollar strength contributes to this. New key support 0.97694. Alligators indicates that it could just be feeding time. Buyers momentum continues. We await NFP results for confirmation and a trend-line break on Dollar index (DXY)
Comment:
We see a bit of sellers relief. an EMA cross on H4 possible shors however price respected 0.97330 support. I believe if and only if this key level of support is broken will be see a pivot to the down side. Overall bias, long
Trade closed: stop reached:
Stopped out at 0.97320