MehdiCharghadchi
Long

USDCHF Target: ~1.39582 OR ~1.58201

FX:USDCHF   U.S. Dollar / Swiss Franc
201 1 2
USDCHF             Target: ~1.39582 OR 1.58201
I was thinking the same way but Now I am on different opinion. Key dates was 6th of March and 18th of March 2015. The breakout of 6th of march should have resulted in higher high but it was far away from it, hence formed divergences on multiple timeframes and the fundamental event on 18th of March has confirmed the DXY reversal and further long-term downtrend. Also on a daily timeframe especially with USDCHF there is very beautifull bearish divergence in play.
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