Strength in USD with an Overbought CHF
Fundamental:
Per prior view, I assume a stronger US economy than the Swiss.
Technical:
The CHF is overbought. The USD/CHF pair itself makes this one apparent with oversold in stochastics.
uRd
uHd
Confluence: Horizontal support, Linear Regression Channel support and 61.8% fIB support
Per prior view, I assume a stronger US economy than the Swiss.
Technical:
The CHF is overbought. The USD/CHF pair itself makes this one apparent with oversold in stochastics.
uRd
uHd
Confluence: Horizontal support, Linear Regression Channel support and 61.8% fIB support
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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.