Since last week the USDCHF is trading in a bullish market condition, the next LT resistance leve is at 0.9969. This is where I have my ST levels:
And again, I’d like to see how the USDCHF behaves around the ST support level, and if I see upward pressure around that level, I wouldn’t hesitate to open my long position. Taking in consideration of course the RRR.
Tags: USDCHF analysis