Why I like this trade.
1- Two touches at the bottom and the third touch at top it busted through forcefully.
2- It is going with the trend.
3- It closed out at a high it hasn’t seen in over 2 years.
4- Markets are correcting. People consider the Swiss Franc as a safe haven in times of panics.
Place your stop at 1.05. It looks like the target is 1.15.