USDCHF seemed to like the NFP release on first flush .

A weaker headline was offset by a strong read on wages. My USDCHF taken in the sessions prior to the data enjoyed the ride until a Russian source warned that NK could be lining up another IRBM,and possibly an ICBM from Kim’s personal rocket collection. USDCHF dumped its gains and here we are at the start of the new trading week none the wiser .

A long trade here around 0.9780 is proving too tempting for me with a tight stop under 0.9770. If swissy still has the ambition it showed post the NFP data, now is the time to show it. With good risk reward .

 

USDCHF-H1

Horatio Dubsly

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