$USDCHF | W, Bears losing control

16 Eyl 2018

Orderly weekly pullback setting LL with LH confirming bearish trend, but staying within narrow range as other USD cross pairs start to strengthen all of a sudden. Watch for a possible reversal towards 49EMA with follow through continuation. Cross pairs to the rescue, namely ; USDJPY upward revival & EURUSD continuing price erosion. I see the trend changing and pricing much higher in the weeks to come.