AdrianRaymondFX
Long

Upside potential on USD/CFH

FX:USDCHF   U.S. Dollar/Swiss Franc
54 0 4
Not a pair I'd like to trade, but I found this chart interesting. Prices are currently rebounding off the 61.8 retracement level drawn from May 2015's lows to last year's highs. A downward-sloping trend line can be drawn from December's lows, passing by those made in February. I wouldn't be surprised if we saw the dollar bounce back up to the 0.97 mark, which would give us around $1.115 on EUR/USD             . USD/CHF             must remain above 0.955 for this to remain valid.
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