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.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
