Usd/chf

J

jrs3

Technicals looking good, rising 50dma, ADX rising from under 10.
A move above restitance at 1.3050 would be a strong buy signal.
 

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I was long @ 1.2718
mkt has now entered within the Overbought Zone.
limite upside potential seen @ 1.3050 before a correction takes place IMHO.:)
 
I am not looking to trade it, I am more interested in riding this possible trend, and earning interest on my long position. Long at 1.2634, 1.2714, 1.2687.
 

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Quote from jrs3:

I am not looking to trade it, I am more interested in riding this possible trend, and earning interest on my long position. Long at 1.2634, 1.2714, 1.2687.
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good point however I still see limited upside potential.
Don't get me wrong I'll be the 1st one to take another long position if I get a good signal.:D

Way to go on your longs dude.:)
 
It might be overbought in a shorter time frame, but what caught my eye was the divergence on the Monthly chart in relation to its previous lows in 91,93,95. My target is 1.6000
 

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