Hello traders I wish you a great WEDNESDAY, Here's my point of view about 
USDCHF
TECHNICALLY:
Last week we had a Massive momentum shift due to US DOLLAR BULLISH momentum. The JULY monthly time frame low acted as support. Price re-integrated the area as traders Digest first FED first rate cut. Price re integrated as form of pullback and we might see more upside momentum as long as we stay above the 0.79000.
FUNDAMENTALLY
change in the US DOLLAR SENTIMENT can invalidate the setup! However, if we stick with the same tone, then US will likely continue bullish!
You may find more details in the chart!
Thank you and Good Luck! MAKE SURE TO STAY STRICT WITH YOUR RISK MANAGEMENT!
PS: Please support with a like or comment if you find this analysis useful for your trading day.
USDCHF TECHNICALLY:
Last week we had a Massive momentum shift due to US DOLLAR BULLISH momentum. The JULY monthly time frame low acted as support. Price re-integrated the area as traders Digest first FED first rate cut. Price re integrated as form of pullback and we might see more upside momentum as long as we stay above the 0.79000.
FUNDAMENTALLY
change in the US DOLLAR SENTIMENT can invalidate the setup! However, if we stick with the same tone, then US will likely continue bullish!
You may find more details in the chart!
Thank you and Good Luck! MAKE SURE TO STAY STRICT WITH YOUR RISK MANAGEMENT!
PS: Please support with a like or comment if you find this analysis useful for your trading day.
Trade fermée: cible de profit atteinte
Note
MANAGE YOUR RISK
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
MANAGE YOUR RISK
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.