The swiss franc appreciated against the dollar throughout last week yet still managed to stay above the 0.96 zone.
Hence I would like to take this opportunity for any uptrend potential by buying USDCHF at 0.967. My cut loss for this trade is 0.964, instead of 0.96 because I want to keep my potential losses small and easily recoverable.
Uptrend targets are 0.97065 and 0.98058.
This is not a buy/sell call, do double confirm with your own trading strategy. Happy Trading Everyone.