USDCHF: DXY Likely to remain bearish in long term! The USDCHF pair is likely to remain bearish in the coming days as DXY doesn’t show any bullish momentum. However, we expect DXY to be bullish in the short term, which will help the price reach our designated selling zone. Once the price reaches this zone and shows a reversal sign in a smaller timeframe, you can consider entering or taking any decision.
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Usdhcfshort
POTENTIAL MOVE FOR USDCHF BACK BELOW 0.98My opinion is telling me that usdchf might go back below 0.98 level. Around 0.9730 to 0.9750 level again. As we can see 15 min chart usdchf is running below sma 50. Mscd bearish. Future cloud of ichimoku is bearish cloud. So I sell around 0.9820. Stop ABOVE 0.9840-0.9850.
Trade well and wisely.
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