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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.

1 comment

1 Comment

Keon Consultancy
Keon Consultancy
Oct 04, 2019

NFP is not gonna affect the market much, actual big event is

Fed Chair Powell Speaks at 2:00pm EDT.

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