the question is, which falls more ? the usd or the swiss franc ?
Everybody knows the USD-index. Another index is the chf-lfx. To keep things simple, lets say its an index for the swiss franc. There is a nice uptrend channel for the chf/lfx.
I will start selling usd/chf if I a see a nice PA near the rising trendline. But its boring, because moving very slow.
Much more interisting is the turning point in gbp/nzd.
Everybody knows the USD-index. Another index is the chf-lfx. To keep things simple, lets say its an index for the swiss franc. There is a nice uptrend channel for the chf/lfx.
I will start selling usd/chf if I a see a nice PA near the rising trendline. But its boring, because moving very slow.
Much more interisting is the turning point in gbp/nzd.