Strifor || USDCHF-22/05/2024
Preferred direction: SELL
Comment: The shorter-term trade on the franc remains in effect. Here, selling outflowing levels is expected (scenario №1), as well as from the level of 0.91424 (scenario №2). It should be noted that the franc is not the most attractive currency to buy against the US dollar, however, selling priority on the currency pair is more likely.
Let's consider the same level 0.90108 as a target.
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Comment: The shorter-term trade on the franc remains in effect. Here, selling outflowing levels is expected (scenario №1), as well as from the level of 0.91424 (scenario №2). It should be noted that the franc is not the most attractive currency to buy against the US dollar, however, selling priority on the currency pair is more likely.
Let's consider the same level 0.90108 as a target.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
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