TGIF Traders,
Let’s see what setups Friday market has for us:
1. GBP/CHF
The current support level on the GBP/CHF is valid, as it has held price twice previously.
The close of Thursday price with a bullish engulfing candlestick already gives us a clue that the buyers are coming in, and we may most likely see price hit 1.13972, which is over 200 pips.
Mind you, this may most likely not happen this week as we are looking at a daily time frame, except you are interested in probably catching a few pips before the market closes.
What say you?
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