Apparently the USDCHF is following the EURUSD steps (remember both of them are inversely correlated), the EURUSD is in a bullish market condition, and the USDCHF broke the short term support level triggering a bearish market condition:
As long as the USDCHF keeps trading below 1.1248 I will be looking for short opportunities.
All long opportunities will be ignored.
Tags: USDCHF analysis
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