FXWW News/Others/Technical Analysis/Trade Ideas

USD/CHF: Looking to book profits on any intraday rallies and then re-buy on dips

I’m not expecting any massive moves higher in USD/CHF but the set-up on the 2-hr chart looks moderately promising and this morning’s long position looks like a reasonable risk-reward play. I’m hoping for 80/100 pip rallies to sell into and then re-buy on 50/60 pip dips.

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