USD/CHF signal
A good day for our Forex signals subscribers, We asked them to sell this major fx pair with our favorite fx pair of usd/jpy. Here is what we wrote to our subscribers.
Sell usd/chf at 1.0008 with stoploss of 1.0038 for target of 0.9970. It crashed and our subscribers enjoyed profit of nearly 38 pips in this trade and made approx 380$ profit per lot.
Currently usd/chf trading at 0.9960, A good support in this major forex pair stands at 0.9930, If traders tank this base and manage to sustain trade below our support. Then expect more pressure in this fx pair upto 0.9900- 0.9860 today.
A good hurdle on this major forex pair stands at 1.0005, If traders break this hurdle and manage to sustain trade above our resistance. Then expect good recovery upto 1.0040- 1.0080.
Usd/Chf trend is weak for now.
Our usd/jpy signal is also juicing more than 20 pips and we are waiting for our target.
A good support in usd/jpy chart stands at 110.30, If traders tank this base out and manage to sustain trade below our support. Then expect more pressure in dollar to yen upto 110- 109.70 today.
A good hurdle on usd/jpy chart stands at 111.05, If traders break this hurdle and manage to sustain trade above our resistance. Then expect good firepower in dollar to yen upto 111.50- 111.90.
Usd/Jpy trend is weak for now.
Main driver of currency market is dollar index. Once it breaks 92.70 and manage to close below then expect more pressure in dollar upto 92.40- 92 and even more crack in dollar not ruled out.
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More will update to our signals subscribers.