Hi Traders,
USDCHF finally broke and closed a trend line that I have been watching for week now. This trend line is connected from the peaks for 2006 and the high of 2008. As the DXY is also breaking channel, I think USD will continue getting strength across the board and will help this pair to continue moving higher.
Any correction in this market is a opportunity to buy in my opinion.
Good luck!
Thiago Duarte
Chief Strategist at Duarte Investment Group - DIG
thiago@duarteinvestmentgroup.com
@thiagotrader
USDCHF finally broke and closed a trend line that I have been watching for week now. This trend line is connected from the peaks for 2006 and the high of 2008. As the DXY is also breaking channel, I think USD will continue getting strength across the board and will help this pair to continue moving higher.
Any correction in this market is a opportunity to buy in my opinion.
Good luck!
Thiago Duarte
Chief Strategist at Duarte Investment Group - DIG
thiago@duarteinvestmentgroup.com
@thiagotrader