USDCHF has become extremely oversold and found support at that faithful Jan 5, 2015 morning where SNB shocked the world.
My first target would be the 0.236 Fib level, then 0.382 which stands at around 0.904.
SNB has removed the currency intervention paragraph in their latest statement. Inflation came a bit higher yesterday for Suisse but in line with Central Bank expectation.
I am neutral on USD at the moment and weakly bearish on CHF.
It's not a high conviction fundamental trade but that RSI on the weekly is oversold and usually we see good mean reversion from such levels.
Stops at 0.83700
My first target would be the 0.236 Fib level, then 0.382 which stands at around 0.904.
SNB has removed the currency intervention paragraph in their latest statement. Inflation came a bit higher yesterday for Suisse but in line with Central Bank expectation.
I am neutral on USD at the moment and weakly bearish on CHF.
It's not a high conviction fundamental trade but that RSI on the weekly is oversold and usually we see good mean reversion from such levels.
Stops at 0.83700
註釋
USDCHF chugging along nicely.No change in target
註釋
Stop loss has been moved to entry.交易進行
Taking half of my position off.註釋
Only about 100 pips to go now.交易結束：目標達成
500 pips bagged.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。