Enough Jobs to Knock It Off
Fundamentals & Sentiment
USD:
- Undervalued according to many market internals
- Monster jobs data (NFP, Unemployment, etc.)
CHF:
- Generally, the franc is too expensive for SNB's liking
- Bearish Internals
Technical & Other
- Setup: S(B)
- Setup timeframe: 4h
- Trigger: 5m
- Medium-term: Range
- Long-term: Down
- Min target: Aug highs
- Stop loss: 0.33%
- Position size: 0.7R
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