USDCHF Long Position (1Hr Timeframe)
- Potential Long position as trend breaks out of bearish trend
-This is further confirmed by cross over in MACD
-be wary of retest of support, so may be worth waiting for MA crossover before taking position
- Positive forecasts for US economic data scheduled tomorrow (19th July) however be wary if forecast is inaccurate
-This is further confirmed by cross over in MACD
-be wary of retest of support, so may be worth waiting for MA crossover before taking position
- Positive forecasts for US economic data scheduled tomorrow (19th July) however be wary if forecast is inaccurate
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