KeonConsultancy.com

Oct 4, 20191 min

Buy USD/CHF if NFP comes better

Bearish setup had failed despite USD/CHF, on Sep 24, had broken below previous swing low of Sep13. Actually the pair continued the up-trending tendency and made a new and higher highs on Oct 2, 3 & 4 whereas as USD lost against other major currencies like JPY and EUR.

Therefore, I am bearish on CHF.

If NFP comes better than forecast, I will buy USD/CHF.