QuileHills
Long

USDCHF Channel, Divergence, Fib Support

FX:USDCHF   U.S. Dollar/Swiss Franc
79 0 4
USDCHF             is approaching 78.6% fib support (0.9480) within the shown channel with RSI showing some pretty heavy divergence.

If it breaks the channel up near the fib support (circled area) watch for a retest of the support before confirming a bullish reversal.

If a bullish channel break is sustained my target for profit will be the 61.8% fib (0.9659).

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