USDCHF eyeing to break 200DMA (USD dance following DXY reversal)
A steep reversal after a fake out at 0.88 level and since then USDCHF took off aggressively, Currently we saw a decent correction toward fibs golden ratio. 200DMA is the only resistance that hold the upside move. I will look to go long when bulls manage to close above the 200DMA.
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Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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Thank you for your support
_________________________________________________________________________________________________________________________________________
Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Thank you for your support