Buy USD/CHF if NFP comes better
- KeonConsultancy.com
- Oct 4, 2019
- 1 min read
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.
NFP is not gonna affect the market much, actual big event is
Fed Chair Powell Speaks at 2:00pm EDT.