USDCHF Possible longs on D1
USDCHF is showing possible longs. Dollar strength contributes to this. New key support 0.97694. Alligators indicates that it could just be feeding time. Buyers momentum continues. We await NFP results for confirmation and a trend-line break on Dollar index (DXY)
Note
We see a bit of sellers relief. an EMA cross on H4 possible shors however price respected 0.97330 support. I believe if and only if this key level of support is broken will be see a pivot to the down side. Overall bias, longTrade closed: stop reached
Stopped out at 0.97320
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Disclaimer
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.