Long December Swiss Franc – Short US Dollar Index Chart Updates
CLICK IMAGES TO OPEN CHART CONTENT
10/13/17 – Chart update showing long position
10/13/17 – Chart Update Showing US Dolar Short Position
Breakdown of Today’s Update
Published 10/13/17 9:00 am central:
I released 2 currency updates recently. Here are the updates to these positions.
We had a bullish CPI report this morning that pushed the stock market higher and has pushed the USD lower and other foreign currencies higher like the Swiss Franc.
10/10 on the Bull/Bear update – Selling the USD index
10/10 – Bull/Bear update Buying Swiss Franc and 10/11 – SnapShot Buying Swiss Franc
Long Swiss Franc (10/10/17 and 10/11/17 updates) @ 1.0290 or 1.0309
10/13 Session High @ 1.0343 (+93 cents or $930 per contract before fees)
Risk – move below 240 bottom – Looking for market to break daily top zone
Short USD Index (10/10/17) @ 93.000
10/13 Market low @ 92.590 ( +41pts or $410 per contract)
Risk – move to entry. We are starting to attempt to break the 240 min bottom. Could be potential resistance but if closed below another bearish leg lower
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Below the updates, you will see the original charts showing buy/sell zones
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