SIGNAL TERMINATED – USD/CHF LONG – STOP LOSS
Today, CA analysts are moving away from a long-term analysis of USD/CHF from 20/12/2 in loss. The assumption of a recovery of the US dollar after the approval of the “rescue” packages will not be confirmed and the journey of the USD to the hot hells of the debt sphere has begun.
ORIGINAL TEXT: USD/CHF Long. The USD/CHF currency pair is reflected from a support of 0.90. Support has been holding the market since August this year. The published analysis is based on the technical parameters and expectations of an attractive statement by John Williams in today’s US Federal Reserve Webinar on the economic impact of Covid19. Time-limited optimism and thus achieving a “profit target” is expected. The time schedule corresponds to two days.
Chart source: WebTrader