USDCHF: UPCOMING BUY OPPORTUNITY

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TECHNICALLY:

USDCHF remains very bullish due to US dollar strength. From now price tested a interesting H4 ORDERBLOCK zone. As we can see price manage to manipulate MONDAY LOW- TUESDAY LOW. if dollar continue bullish then this pair will move up and potential target will be 0.80138 but only if DXY bullish Otherwise the trade idea will be invalidated and that's okay because we manage the risk properly.

FUNDAMENTALLY

US DOLLAR CONTINUE TO BE BULLISH. A SMALL RETRACEMENT BUT A CLEAR BULLISH CONTINUATION BY POSITIVE CORRELATION INDICATES BULLISH MOMENTUM FOR USDCHF. US dollar index is sitting in a key daily GAP. looking to see higher time frame closures to confirm or invalidate the momentum all eyes on the upcoming HIGHER TIME FRAME CANDLE CLOSURES ON US DOLLAR INDEX!

You may find more details in the chart!

Thank you and Good Luck! MAKE SURE TO STAY STRICT WITH YOUR RISK MANAGEMENT!

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כתב ויתור

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