Looking here at the Swissy, a pair not long added to my watch list, I'm already short USDCHF from the open earlier today. For me the this could perhaps be one of those times where the fundamental analysis and the technical analysis seem to match up rather nicely. IMO the USD will continue to weaken over the coming weeks, and paired with a nice rejection candle ...
Hi traders,
I am watching this USD/CHf very close which I believe its very close to break this wedge that he is in since end of last year. A brake and CLOSE above 9830 will confirm that this pair is start a new 'breakout cycle' which will look very similar to the price action which we have seen on USDJPY in the last two days.
Thank you!
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