USDTHB a good runner when the Dollar is strong
https://www.tradingview.com/x/KXeD7dbf/
This pair has been quiet this week, which is why I think it will start running again today.
USD CHF struggles a bit for longer term direction as technically price is below the the daily 200ema which of course presents a bearish scenario.
What I also like about Long USDTHB is that you can see in the 30m chart its price action has recently exited a huge 30m falling-wedge & triangle that complicated its Long-momentum.
The USD is expected to strengthen on the back of recent weakness, so perhaps it wont be long until this gets above it's 200 daily ema.
This pair has been quiet this week, which is why I think it will start running again today.
USD CHF struggles a bit for longer term direction as technically price is below the the daily 200ema which of course presents a bearish scenario.
What I also like about Long USDTHB is that you can see in the 30m chart its price action has recently exited a huge 30m falling-wedge & triangle that complicated its Long-momentum.
The USD is expected to strengthen on the back of recent weakness, so perhaps it wont be long until this gets above it's 200 daily ema.
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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.