20th November 2019
Currently, USDCHF is controlled by sentiment. We have been in a daily uptrend. However, we had a break of the daily on 17th October 2019. Price has retested the twice showing that there is a lot of buyers in the market. We have found support at the 0.985 area which is in line with the minor , indicating liquidity grab to further push this currency to the upside. We are now looking to target the previous high as there is a lot of confirmation of buyers in this market. We also have an pattern on the 4HR timeframe. We are targeting a yield of 1%.