Welcome to another analysis of USDCHF. DXY is bullish showing strength of the dollar. USDCHF is struggling at the 0.94800 support level hence I am going to wait for a confirmation to go long with a buy stop at 0.9500.
Market-Buy-Stop: 0.9500 Stop-Loss: 0.94800
Target: 0.95500
Stop-Loss: 50 pips Risk: 1%
Risk-Reward: 2.50
What do you think? Thank you for checking my idea out. Do not forget to Like, Comment and Follow for more ideas.