Unpredictable situation so short trades better some times Beware mostly brokers Spread is high
Facts 1. On this price hard to cover pumping expenses 2. Good news from china no new domestic cases , means they will go out for work again 3. If Russia and Open both will get agree it means Oil can rise more 4. World Supply chain like in cutting position, it's time to move again in any situation
USD after cut rate not showing any pull back
Swiss National Bank likely intervening to weaken franc (By Reuters)
Oil dropped badly and this is the price where Oil Companies can't cover even their Pumping cost. If OPEC will take any decision oil can hit 50 to 60 price After Virus fear any kind of flash is possible so be safe and use Stop Loss always
Recent USDCHF dropped with speed and there was two facts SXY Index raised , USD Index dropped SXY/USDX both can take turn so USDCHF will go on long side and can complete target in short time