by Remy N, February 17, 2021
by Remy Njoroge February 17, 2021
USD/CHF
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Short
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H4
Table of Contents
H4
Technical and fundamental
With USD catching a bid across all major G8 currencies, the pair is proving to be a worthwhile buy
CHF has also been weakening against all other major G8 currencies, apart from the JPY which started strengthening against CHF today
Due to this, it’s just a case of strongest currency against weakest which usually leads to some good returns
Buy Price: 0.89574
SL: 0.89300
TP: 0.90374
27 points risk for a probable 80 points return
Any change in sentiment in US indices – as far as they remain bearish, USD is bound to continue being bid by traders
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