USDCHF SNB will try to weaken CHF, longs on dip

Pembelian

Dollar A.S. / Franc Swiss (FX:USDCHF)

FX:USDCHF Dollar A.S. / Franc Swiss

beyondta usdchf dollar fed powell snb forex fxtrading

Hi,
Powell did not want to weaken USD during FOMC ( or maybe he was trying but market did something different :) ) but SNB knows how to weaken CHF ( very often its short lived LOL ) and we do have SNB rate decision upcoming Thursday

From weekly/daily chart perspective looks like buyers are around 0,93 and 0,92, so Im going to use the full zone ( if seen )

Stop: two consecutive daily close below 0,9160

Targets around 0,98 and 1,00

Good Luck

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