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Swiss Franc Trading Opportunity

Swiss Franc Trading Opportunity

Risk-driven opportunities come along all the time in the forex market, but none better than when driven by geopolitical events, and in the U.S. forex trading session we had a classic example for the Swiss franc. This was one opportunity not to be missed with the CHF rising strongly on the shortened meeting between U.S. President Trump and North Korean leader Kim Yong-un. Such opportunities are often short-lived, so it’s a case of jumping on board and taking the opportunity whilst it’s there. The pair we followed here was the USD/CHF.

This was then followed by a classic reversal as the U.S. session opened with strong buying of the U.S. dollar, helped by better than expected Advance GDP data duly drove the pair higher on a strong reversal. So two great low-risk trading opportunities in one day.

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