TheRealPeaches
Long

The Long Term USD Bull Forex Trade

FX:USDCHF   U.S. Dollar / Swiss Franc
Question: if someone held a gun to your head, and forced you to pick a 5 year+ forex pair that would capitalize on a USD bull market, which pair would it be?

Answer: USDCHF

The Swiss Franc has long since lost it's save haven status, and its largest trading partner is the EU, the failed 4th Reich. The Dollar remains the most sought-after currency in the world.

USDCHF has been in a 6 year basing pattern. With the formation of an inverse Head and Shoulders pattern, within a larger rising wedge , it may be the time to begin initiating long positions in this market.

Three targets are marked in purple. This is a long-term bullish USD trade, with a time horizon of 2-3 years.

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