U.S. Dollar / Swiss FrancUpdated

USDCHF Sell Limit

We had a break of a 3 year long bullish trend line to coincide with the increments of political uncertainty. The dollar is close to fully retracing the "Trump Trade" (since his election in November) and we believe it has lower to go. My analysis dictates that a correction wave is due to roughly .98500. Targets will be any from .96 to .955.
Note
Entry zone was never reached so this trade is now deactivated.

Disclaimer