$USDCHF attempts to break higher. Will it succeed?
, maybe even 0.95 handle. Ultimately, this is a market that is going to have to make a decision rather soon, as we are at a major support level going back ages. The 0.91 level has been important, just as a 0.90 level will be important from a psychological situation, and of course, the previous action in that area could come into the picture.
The market is likely to continue seeing a lot of noisy behavior, and that’s probably the most important thing to pay attention to. You need to see some type of impulsive candlestick to really put money into the market, regardless of which direction it is. I think the next couple of weeks will probably be a lot of back-and-forth choppy behavior, so therefore keep in mind money management is going to be crucial.
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