Yesterday we discussed the weakness of the Swiss Franc and USDCHF continues to push higher. The highs at
1.0125 offers a good area to look for short opportunities as the price will be at an extreme level. ATR suggests
using a stop of 42 pips and if price falls back to the key demand area, we could 5x our risk with this trade.
1.0125 offers a good area to look for short opportunities as the price will be at an extreme level. ATR suggests
using a stop of 42 pips and if price falls back to the key demand area, we could 5x our risk with this trade.