The USD/CHF pair broke higher during the course of the session on Friday, capping off a significantly bullish week. Now that we are above the parity
The USD/CHF pair broke higher during the course of the session on Friday, capping off a significantly bullish week. Now that we are above the parity level, we feel that this market will eventually go higher but pullbacks may be needed in order to build up momentum. Ultimately, we believe that this market will break out to the upside and move much, much higher. Pullbacks that show signs of support of course could be used in order to start going long but at this point time we have no interest whatsoever in selling this marketplace.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
