USD/CHF (NFP INFO)

4 พ.ย. 2022

According to my latest analysis, the upcoming Non-Farm Payroll (NFP) should be "Positive" with a small increase in MOM average hourly earnings, this will boost the USD and bring the gold down, and I hope you understand the correlation between CHF & GOLD (they move in the same pace) that's why watching the bigger picture the pair is in an uptrend, but in a couple of hours, there will be a decline in the price until the NFP report comes out.

First, we will short the pair to 1.0042.
2nd, we start buying from entry point 1.0042 with TP 1.0145 (risk-reward 1:3)

Good luck to all!