The USD/CHF pair broke higher during the course of the day on Wednesday, as it looks as if the market is ready to go higher given enough time. We tested
The USD/CHF pair broke higher during the course of the day on Wednesday, as it looks as if the market is ready to go higher given enough time. We tested the 0.98 level during the session on Wednesday, but failed a bit. That being said, we are waiting to see if there is some type of supportive candle after a pullback that we can start buying again. We have absolutely no interest in selling this market, and that the 0.95 level looks to be a bit of a “floor” in this market, keeping us on the bullish side.
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.
