After watching USDCHF for the past week, we feel it's safe to put up our analysis on the pair after multiple confirmations.
Various liquidity sweeps have taken place over the past few days moving the pair higher and validating our first supply compression. We won't be taking any new entries until 0.96687 when the supply has fully compressed and it's ready for a breakout to 0.97277 (58 pips).
We will continue observing and sending regular updates on this pair.
Various liquidity sweeps have taken place over the past few days moving the pair higher and validating our first supply compression. We won't be taking any new entries until 0.96687 when the supply has fully compressed and it's ready for a breakout to 0.97277 (58 pips).
We will continue observing and sending regular updates on this pair.