USD outperforming CHF
=> As is the case in EURUSD any pullback from here will be viewed in our books as corrective. The bounce from Feb has looked very impulsive and is underpinning this current uptrend.
=> Any retrace should be capped at 0.9789 and as such waiting for support levels here seems prudent at 0.9905 and 0.9835.
=> It will take a break of the 76.4% to open up the highs and confidence will increase above 1.0125. Here actively adding exposure on pullbacks down to 0.990 - 0.984.
=> Best of luck to those trading CHF pairs into the new year.
=> Any retrace should be capped at 0.9789 and as such waiting for support levels here seems prudent at 0.9905 and 0.9835.
=> It will take a break of the 76.4% to open up the highs and confidence will increase above 1.0125. Here actively adding exposure on pullbacks down to 0.990 - 0.984.
=> Best of luck to those trading CHF pairs into the new year.
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