Dollar expecting more momentum - Symmetrical Triangle
As we have already noticed the US Dollar/Swiss Franc pair is highly anti-correlated with the Euro/US Dollar
So in this asset what we have is like a Eur/Usd UpSide Down. Creating the symmetrical triangle we saw last week on the Eur/Usd.
We should look for long trades after a small correction on the 1h timeframe.
As the dollar rises against all major currencies what we want in this asset is to enter long after this correction
and looking to take profits around 1.02707 which represents a high resistance level.
So in this asset what we have is like a Eur/Usd UpSide Down. Creating the symmetrical triangle we saw last week on the Eur/Usd.
We should look for long trades after a small correction on the 1h timeframe.
As the dollar rises against all major currencies what we want in this asset is to enter long after this correction
and looking to take profits around 1.02707 which represents a high resistance level.
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