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USDCHF Boots Not On the Ground,
Whether it is going to be boots or crocs, USDCHF U-turned between Friday & Monday may have marked a bottom to chase a rally.
1. Technical has developed a resistance since last month at 0.9120
2. Yesterday the market tested support 0.9020 which happens to be the ex-resistance of June. Test failed, thus looking further to an up move.
3. As long as no close below yesterday low is triggered, the market has the capacity to drag the pair towards 0.9170 (0.9157 high of January- a short term obstacle).
***Rule to Remember: Gaining 20pips out of any free-signal is highly remarkable as such trades are not updated on time or ever.
USDCHF Boots Not On the Ground,
Whether it is going to be boots or crocs, USDCHF U-turned between Friday & Monday may have marked a bottom to chase a rally.
1. Technical has developed a resistance since last month at 0.9120
2. Yesterday the market tested support 0.9020 which happens to be the ex-resistance of June. Test failed, thus looking further to an up move.
3. As long as no close below yesterday low is triggered, the market has the capacity to drag the pair towards 0.9170 (0.9157 high of January- a short term obstacle).
***Rule to Remember: Gaining 20pips out of any free-signal is highly remarkable as such trades are not updated on time or ever.
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