Others/Trade Ideas

USD/CHF strategy

I’m long and hoping to build a decent sized position for an eventual move back above parity. For now I’m presuming that a base will form above .9025 and I’m keeping my strategy stop below this level (see USD/CHF chart in medium-term techs in members section).

I will play a .9025/.9380 range with a bullish bias and try to build a strong core long position. If I’m lucky, it will trade up and down a few times inside of this range giving me the chance to build a decent sized position.

  1. By correlation this would make a case for EURUSD bears,yet i notice u still prefer buying dips in this pair,am i missing something here?

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