USDCHF - time for the long climb

Taking a long position back up to the fib level. We are showing signs of an ascending wedge with some backfill over the coming weeks. Stop is set to below the 200 EMA with a profit target of 3:1. As usual, adjusting stop along the way.

Commentaire:

I certainly did not see the Swiss Franc to gain on the USD. We might see a little pullback off of fib numbers.