USDCHF Potential Long, Waiting for FOMC

6 Nis 2016This completely depends on the FOMC minutes to be released tomorrow. Entry point would most likely be at Gartley completion point, S/L and target not yet defined.

Reasons for long:
1) Gartley completion near, with support at that point
2) Price sitting at the bottom of 2 trend lines
3) MACD and RSI divergence

Thanks for looking, good luck!