capitalpropertiesfx

USDCHF - signs of reversal?

FX:USDCHF   U.S. Dollar/Swiss Franc
78 0 1
The medium term trendline is broken and re-tested.
What I'm interested in now are the short-term trendlines and especially interesting is the blue (dotted) trendline. If that one goes, then I'll definitely look for shorting opportunities towards the longer-term target around 0.9300.

This is a bit bigger picture so don't expect everything to happen overnight. Most likely if the scenario proves to be right we will not reach the longer term target this month.

Time will tell. Watching.
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