Good morning everyone.

We see USD moving lower this morning, specifically against the EUR and CHF. We expect a technical reversal on USDCHF because of that overlapping recovery through the last few days that has a shape of an ending diagonal, so there is a chance that current weakness will resume to much lower levels once the trendline is broken.

USD/CHF, 1h

usdchf

Check the video below for a more detailed look on GOLD and USDCHF.

 

 


 

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