Are you looking for trade opportunities on the USDCHF?

First of all, hope you all had a great weekend! Mine was a little unusual, I ran a marathon and as you may have guessed, my legs still hurt, but it doesn’t matter, being at the finish line makes it all worth it! You should try it!

Anyway, as I told you last Thursday, I wasn’t going to trade on Friday because of the European summit, and earlier today I saw there were no big changes… did you trade last Friday?

Today, one of the currency pairs that I like the most is the USDCHF, just broke through an important resistance LT level as well as another ST resistance level, so it has a good possibilities of continuing its way up. Here are the LT charts:

As long as the USDCHF keeps trading above 0.9325 I’ll be looking for long opportunities.

My next LT resistance level is at 0.9737

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 .