USDCHF Buy?
A slow bleed has been occurring on usdchf, with small but brief terms of upside. The pair now faces 2021 lows as a barrier of support (an area that drove price to 1+). A 5 point Elliot wave has formed onto a bearish to bullish trend formation.
I positive hike rate and hawkish response from US should activate this upside potential. A long-term trade that would target a return to the 0.94 initially but then reaching toward 1+
I positive hike rate and hawkish response from US should activate this upside potential. A long-term trade that would target a return to the 0.94 initially but then reaching toward 1+
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