USD/CHF Trendline Short Setup

Price has rejected the weekly trend-line with a hammer candle indicating a sell opportunity.

The Swiss has a safe haven status and as this week has a lot of event risk and non farms for the Dollar it is likely that investors will hedge the Swiss as a proxy for Gold against the upcoming risks associated to the Dollar.
chfGoldhedgeproxyrisksellusdchfshortsetswisstradeideaUSDusd_chf

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