On USDCHF, we have a price that has returned to the 0.883 area after almost 2 years. I have highlighted a demand zone within which the market has created an additional support zone that could be the entry point for a long trade that I partially set up. Risk-reward ratio is 1:12.
Be aware that the ECB press conference will take place in less than an hour.
Let me know what you think.
Good trading to all.
Forex48 Trading Academy
Be aware that the ECB press conference will take place in less than an hour.
Let me know what you think.
Good trading to all.
Forex48 Trading Academy
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