#USDCHF – Traditionally any EURUSD directional moves MUST be confirmed by the Swissie!

FXTT Instructor 23/07/2019 Technical Analysis

1. USDCHF – 4hr Chart: Facing stiff resistance!

The Swissie MUST ‘chop a lot of wood’ before even thinking of validating its bullish wedge continuation pattern and please keep in mind that the USDCHF cross rate is STILL in ‘Safe Haven’ mode as highlighted in yesterday’s post.

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#USDCHF – Traditionally any EURUSD directional moves MUST be confirmed by the Swissie!

1. USDCHF – 4hr Chart: Facing stiff resistance!

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