The USDCHF currency pair has experienced significant volatility due to the ongoing trade dispute between the United States and China, which has led to a substantial decline in the DXY index. Consequently, CHF and JPY have emerged as the most stable currencies in the market.
Despite the USDCHF currency pair reversing its bullish trend, we anticipate a potential reversal back to a bearish position. We believe this reversal may be a temporary trap, and the currency pair is likely to regain its bullish position in the future.
There are two potential areas where the USDCHF currency pair could reverse from its current trend. The first area is relatively early, and if the USDCHF currency pair crosses a specific region, we may have a second safe option that could provide greater stability.
We extend our best wishes and best of luck in your trading endeavours. Your unwavering support is greatly appreciated.
If you wish to contribute, here are several ways you can assist us:
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Team Setupsfx_🚀❤️
Despite the USDCHF currency pair reversing its bullish trend, we anticipate a potential reversal back to a bearish position. We believe this reversal may be a temporary trap, and the currency pair is likely to regain its bullish position in the future.
There are two potential areas where the USDCHF currency pair could reverse from its current trend. The first area is relatively early, and if the USDCHF currency pair crosses a specific region, we may have a second safe option that could provide greater stability.
We extend our best wishes and best of luck in your trading endeavours. Your unwavering support is greatly appreciated.
If you wish to contribute, here are several ways you can assist us:
- Like our ideas
- Comment on our ideas
- Share our ideas
Team Setupsfx_🚀❤️
10+ Years of Experienced Team Based in the UK 🇬🇧
📌SMC+ICT based Signals|
📌84% Accuracy in Forex |87% Accuracy In Gold |
For Forex : t.me/Setupsfx_bot
For Gold: t.me/Setupsfx_Gold_Bot
📌SMC+ICT based Signals|
📌84% Accuracy in Forex |87% Accuracy In Gold |
For Forex : t.me/Setupsfx_bot
For Gold: t.me/Setupsfx_Gold_Bot
Related publications
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.
10+ Years of Experienced Team Based in the UK 🇬🇧
📌SMC+ICT based Signals|
📌84% Accuracy in Forex |87% Accuracy In Gold |
For Forex : t.me/Setupsfx_bot
For Gold: t.me/Setupsfx_Gold_Bot
📌SMC+ICT based Signals|
📌84% Accuracy in Forex |87% Accuracy In Gold |
For Forex : t.me/Setupsfx_bot
For Gold: t.me/Setupsfx_Gold_Bot
Related publications
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.