TradePlus-Fx|USDCHF: Frank's Power
Updated
đź’¬Description: The franc is one of the safest assets in the market, just like metals and the US dollar, which is needed to buy US bonds. However, the franc is in greater demand than the US dollar at the moment, and even in the event of another rapid strengthening of the US currency, USDCHF will most likely fall.
At the moment, the currency pair is trading at the level of 0.89303, which a little earlier was a key area for buyers (Push-volume area). Most likely, these volumes are now being consumed for the next downward movement. There is an entry point, and the downward movement target is set primarily at the level of 0.88500, the second target is 0.87757 (daily support).
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🇺🇸Chicago Fed National Activity
🇪🇺Consumer Confidence
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At the moment, the currency pair is trading at the level of 0.89303, which a little earlier was a key area for buyers (Push-volume area). Most likely, these volumes are now being consumed for the next downward movement. There is an entry point, and the downward movement target is set primarily at the level of 0.88500, the second target is 0.87757 (daily support).
đź””FX CALENDAR TODAYđź””
🇺🇸Chicago Fed National Activity
🇪🇺Consumer Confidence
âž–âž–âž–âž–âž–âž–âž–
🚀Thank for your BOOSTS🚀
👇Share your views and FOLLOW US👇
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There is new idea for EURUSD🚀
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