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USDCHF Analysis Jan 24, 2020

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
On the weekly timeframe it looks like we are heading for some further downward momentum. On the daily timeframe we are still in a downtrend and are currently sitting below the moving averages. Last week closed with a dojo candle which means we could push a bit higher before heading lower. On the H4 timeframe is where I see structure the clearest. We just broke a level of structure on the H4 timeframe are are now looking for a retirement to the 38.2% area before heading lower.
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