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USD/CHF Long Hits 3:1 Target, What’s My Read In Markets Today?

The long in USD/CHF hit its 3:1 target as part of the last hot trade promoted in the daily edge. In terms of trending markets, we are still predominantly in the midst of a decent environment to jump on developing trends, especially when cross-checking risk-off currencies against the Oceanic complex. Some shorter term opportunities are also up for grabs to long CAD.

✨My name is Ivan Delgado, Market Insights Commentator at Global Prime and FX Trader. I am on a mission to pass on my decade-long knowledge by providing regular market commentary and educationa that is applicable, actionable and insightful (no-nonsense).

🔴The long in USD/CHF hit its 3:1 target as part of the last hot trade promoted in the daily edge. In terms of trending markets, we are still predominantly in the midst of a decent environment to jump on developing trends, especially when cross-checking risk-off currencies against the Oceanic complex. Some shorter term opportunities are also up for grabs to long CAD.

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💲If you’d like to access the G8 FX Indices I use, feel free to access the following public document (copy/paste the blue box in tradingview)  or alteatively, you can access the indices charts via Mataf.net