USDCHF – At an important level

Its interesting that the USDCHF its been trading in a short term range, around an important LT level, while the EURUSD has been moving from one important LT level to the other… most of the time these two currency pairs have a negative correlation, but the market hasn’t been even close these days to that condition:

I’ll wait for the market to break the ST range, then I’ll start looking for trade opportunities in the direction of the breakout.

Trade Safe!

Raul Lopez
Forex Training

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Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .