Trade photo:

It's a 30 pip stop loss with 30 pip profit target, 1:1 'USD long' trade, due to the ongoing USD strength backed up by retail sales enforcing the 'US rates higher for longer narrative'.

Asking for a new high is an ambitious profit target. Ideally, I would have preferred to have been at the charts at the time of the data release. But I think it's worth a go. I've chosen the CHF because I can't envision the price falling below the strong support.

The risk to the trade is Friday USD profit taking.

I will close the trade before end of day to avoid weekend risk.