WILL USD/CHF GO DOWN IN JUNE 6/6/19?

I am slightly bearish on USD/CHF. It has broken down from its uptrend line, resting well on its 0.992 support. We might see a retracement this week as we have a strong bullish hammer bar yesterday. If we couldnt see 0.9967 broken up swiftly, we might see the start of a downward trend ... Watch closely on 0.9967 .
On the Macro POV, market participants are expecting Chair of Federal Reserve to reduce interest rate. Watching this Friday NFP report closely for more guidance on the strength of USD.

Comentarios:

Market is expecting the weakening of USD. More downside to go.

Comentarios:

Waiting for sell signal at 1.000