can unemployment claims reverse the trend of USDCHF
the data on unemployment claims is negative for DXY moreover with a bearish trendline and almost perfect head & shoulder pattern it looks like from there the price is going to fall but for confirmation, it has to break the drawn trendline and break that marked support level. I will suggest taking entry for short when the price will take a nice pullback after breaking the support zone as it will be a strong indication of a bearish trend
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.