Forex market can’t recover from such a drastic change courses currency pairs and precious metals. There is no complete certainty in the direction of the price chart. Many traders and investors have been slow to open any positions, waiting what will take over the palm of leadership and will move the market forward. Now traders are taking profit - it can be seen from the large correction in the currency market. The US dollar has always been a strong currency, and after news about Brexit it reacted to the Swiss franc not so strong as other currency pairs. We can assume that the dollar will continue to grow in the near future, and there is room to grow, as the nearest is still about 100 points.
The price is above a 200 MA and 20 MA indicating .
The trend indicator is above zero level now, indicating movement.
If the is broken you can use the following recommendation:
• Chart timeframe: H4
• The trade recommendation: Buy
• The level of entry into long position: 0.9840
• The level of profit and close the position: 0.9930 (90 pips)