VIDEO ANALYSIS: USDCHF TRAPPED IN 1HR RANGE
In this video update, we take a look at the USDCHF as it enters the key supply zone around 1.0050.
Price is consolidating here on the 1hr chart and if we see a break lower and a close below 1.0030
sellers look likely to re-enter the market. NFP data Friday could reveal softer job numbers which
will likely push the USD lower in line with the current dovish Fed members.
Price is consolidating here on the 1hr chart and if we see a break lower and a close below 1.0030
sellers look likely to re-enter the market. NFP data Friday could reveal softer job numbers which
will likely push the USD lower in line with the current dovish Fed members.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.