I must admit to being a little perplexed by the modicum of strength over last week.

Plenty of geo-political risk in markets at this time, yet we soldier on upwards. I took the long-side (red arrow) as posted here  and will settle up a chunk of my long position. The trendline seems to be acting well – so one to watch as we head closer to NFP’s. A move above the 38.2% October highs – December lows (blue area)  leaves little in the way of resistance .

 

USDCHF-H1

Horatio Dubsly

Collects more scalps than Crazy Horse and newly crowned Bitcoin & Dow top calling master.
Philosophy: "Trading rules.....it most certainly does"

Read how Horatio got into trading here
Horatio Dubsly

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