A major trend reversal has been just confirmed for swiss franc
in its first attempt to form complete a bull
bar above EMA
20. If it triggers above 0.9387 - it should pick up some bear
stops and move towards major resistance near 0.9412 area. As we have a possible major reversal in action, the resistance is likely to be broken and the move up will continue. The target is 1.5 of risk which is just below the today's daily bar.