USDCHF:
Can we break above previous daily high?
Whilst most retail traders are selling short, institutional investor are buying the dollar over swiss. Market in uptrend, according to tradingeconomics.com USD is better off fundamentally. Technical + fundamental is aligning.
Bought at 29 August 2022, 0.5 Lots on break and retest of resistance and counter trend break bullish.
Stop moved to break even, and TP 1.000.50
looking to re-enter more positions on this pair towards Fib target 1.02991
Can we break above previous daily high?
Whilst most retail traders are selling short, institutional investor are buying the dollar over swiss. Market in uptrend, according to tradingeconomics.com USD is better off fundamentally. Technical + fundamental is aligning.
Bought at 29 August 2022, 0.5 Lots on break and retest of resistance and counter trend break bullish.
Stop moved to break even, and TP 1.000.50
looking to re-enter more positions on this pair towards Fib target 1.02991
Trade active:
Trade still going strong, struggling to break above resistance though!
Trade closed manually:
Market struggling to break daily resistance. Will look to re-enter if break above and retest