USDCHF can be potentially entering a longer term bullish phase for a week or two, I have taken a position an hour ago and will continue to hold the position for a while as of right now. Technically the relative stength index on the 4 hour chart has been oversold recently and momentum oscillators are showing bullishness. Banks may be buying here, might be slow with the Thanksgiving long weekend in the states.
Trade closed: target reached:
closed