theforexportal

USDCHF loses parity - where next?

FX:USDCHF   U.S. Dollar / Swiss Franc
USD/CHF has lost parity again and looks to be headed for .9900.
This pair will need to bounce from this level or we could see a deeper move south develop.
The TDI on H1 is BULLISH so every chance we could move higher at the start of the week but its unclear who has the upper hand currently.

Trade idea
SELL at 1.0161
BUY at .9900

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