USDCHFEntry: 0.9775
SL: 0.9743
T1: 0.9836
T2: 0.9860
Fundamental:
Overall risk-on theme in the market
Anticipation of the USD interest rate hike
Technical:
Mid-term ascending triangle
*Price action met resistance at long-term downward trend channel. Opportunity to short if USD decreases in value and/or CHF increases in value.
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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.