Weekly Outlook USDCHF

1 Nis 2019

This may be my pick for the near future to really make some big moves (based solely on technicals). Price action is indicating a move down to the bottom of the long-term channel with a likely bounce to the upside. I am seeing a significant ascending triangle with multiple bounces occurring more frequently on the top side. This pair could break to some significant highs. For now, staying on the sidelines.