I am long Eur/Chf right now at 1.224, looking for a return to 1.235, and seeing that I will have some work to do this week,
I was looking for another trade - my eye fell on Usd/Chf
It looks like the 0.89 lows are being rejected again on the daily chart after a 400 pip decline last couple of weeks
Maybe this is a good base for longs - I will be taking a chance here and putting in a large long around 0.894
I don't often trade this pair because I usually have no idea which way it is heading,
but the base for lows on daily looks solid to me, and I do not know what my usual pairs are doing at the moment
(eur/usd, eur/jpy, gbp/jpy) - they are all too high technically, and I can't trade them
I was looking for another trade - my eye fell on Usd/Chf
It looks like the 0.89 lows are being rejected again on the daily chart after a 400 pip decline last couple of weeks
Maybe this is a good base for longs - I will be taking a chance here and putting in a large long around 0.894
I don't often trade this pair because I usually have no idea which way it is heading,
but the base for lows on daily looks solid to me, and I do not know what my usual pairs are doing at the moment
(eur/usd, eur/jpy, gbp/jpy) - they are all too high technically, and I can't trade them