Orbicube

USDCHF: W,2016-10-10 Short@0.9660 T1@0.9547 T2@0.9450 SL@0.9700

Short
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Based on the technical analysis, a negative breakout is on its way, at least tested somewhere around October 10-13. The high volatility of Gold makes me doubt a little, and also making such forecast ahead of a NFP report is tentative for the newbie I am. However, recently the market reacts less to the real numbers than to data the exceeds expectations. I don't believe NFP figures for September will surprise anyone... at least positively. Also, based on currency correlations, CHF is a safe haven when EUR or GBP get shaky!

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