USD: risk is making its way in?
Investors want to trade riskier, and dire economic and virus background doesn't stop that. The USD will testify.
USD/CHF: bearish 'Shooting Star' pattern
Information is not investment advice
There's a bearish 'Shooting Star', which led to the beginning of the current downward correction. Moreover, we've got a 'Tweezers' pattern, which has been confirmed. Thus, it's likely that the market is going to test the next support at 1.0010 by the lower 'Window'. The subsequent pullback from this level could lead to an upward correction towards the nearest resistance at 1.0145.
Galya Svetlova
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