There are many reason why we feel USDCHF may rise.
01. It could not touch quarterly sell level.
02. & pattern in .
03. To rise and clear quarterly targets it has to come down to gain momentum for up move.
04. (3,3,14,Close) clearly states the USDCHF may rise.
05. (14,CLOSE) Is also of the same view.
06. (20,CLOSE) Is also rising.
Keeping all the above indicators in view along with the chart pattern we expect USDchf to rise. Our Buy call shall be from Buy above:.9919 with a SL @: .9889 Tgt01: .9992 Tgt02: 1.0025 Tgt03: 1.0127. We are expecting this to happen shortly. Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.