lucky human foot

USDCHF at a long term turning point

FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF             is at a long term turning point.

It could be the beginning of a trend change.

However it is currently at a long term resistance level and also need to break through the downward channel .

I will monitor it closely and will maybe open a position when I see a clear direction.

It seems as if the turning point has been confirmed. I will put in a buy order here if it goes down to 0.9878 again as it seems a little bit overbought short-term. But long-term it seems like it is in the beginning of a trend change.
It could not break through the resistance. A possible shorting opportunity here
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