forker
Long

USDCHF - Rebound after Head Banging on the CL

FX:USDCHF   U.S. Dollar/Swiss Franc
Last week we had ECB decision about int. rat. to zero, what caused the flash down to the A/R line to the tick.
Now, the Action is over and the reaction can follow.

Price landed in the Buyers Zone again, which was first washed out by the Sine-Wave move down to equilibrium.
Then we see the normal "Bubble-Up" (the reaction from priors action) up to the CL             , which price reaches over 80% of time.

From down here, a new story is starting beeing telled....

P!

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