USDCHF - Watch zones

4 Kas 2014

A couple watch zones for today. We got some bullish movements yesterday but failed to break above 0.9688. I'm on the lookout for a pullback setup all the way down to 0.9560 and maybe below that. Today's candle will be the first signal if bearish. Looking at the EURUSD and AUDUSD we might see a 2.618 trade (5min chart) indicating a possible rally of the dollar towards PRZ 1. That will be my first watch zone for a continuation downwards. Currently not in a trade because price just mist my harmonic entry, still the market is treating it as one. If market pushes price to 0.9624 I'll be looking for a buy signal to profit from traders closing positions for a possible rally to 0.9649.