USDCHF failed to break resistance
Updated
USDCHF failed to break 1D resistance. Targeting fib 50
Why to
* Today got Bloomber newsletter with title "American power fades". It is more related to Trump, but i take this as a sign
* Rsi overbough
* Currency strength CHF is above usd for this week
* Crossed 1h 200sma
Why not
* It is not strong move, it only could be just overbought action
* USD still strong currency and downtrend could be temporal action.
Why to
* Today got Bloomber newsletter with title "American power fades". It is more related to Trump, but i take this as a sign
* Rsi overbough
* Currency strength CHF is above usd for this week
* Crossed 1h 200sma
Why not
* It is not strong move, it only could be just overbought action
* USD still strong currency and downtrend could be temporal action.
Note
Closed temporaly till FOMC finishes. After that we will see if it is worth to reopen
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