USDCHF break down on the daily
Having tested support twice one may think it will liley hold. However looking at the individual currencies using my custom relative strength indices here I discovered this slightly parabolic upward momentum of CHF. This compared with the ongoing USD devaluation since October which has not given any strong signs of reversal, it may very well lead to a break of daily support at 0.966.. And it agrees with UJ seasonality patterns and signals.
Trade active
Expecting more than that :)
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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.