USDCHF Approaching an important supply zone

8 Nis 2023

Hey Traders, in the coming week we are monitoring USDCHF for a selling opportunity around 0.912 zone, USDCHF is trading in a downtrend and now seems to be in a correction phase in which it is approaching the major trend around 0.912 support and resistance zone. i would also consider this setup as CHF is considered a safe haven in time of uncertainties and considering that the market is expecting a cut in rate hike from the federal reserve.
Trade safe, Joe.

8 Nis 2023

Not

Keeping CPI data next week on Radar!