I am expecting the market to go to around 0.9600 and there is a higher probability of it to reverse at .886 Fib level of the previous uptrend at .95740 which also has a trendline
(purple) convergence and if it does you can expect a huge up move. It solely depends on the market structure. For now I am short on USDCHF
till it moves to long term blue trendline
and move to positive stops and see how it plays.
1. It moves below 0.96583 for sure
2. Reversal opportunities at .96 and .95740, If yes expect it to go above 1.03 on the break of the downtrend line.
Note: I don't give stop loss or entry points as this is not a trade call but a view. Trade with your own tested strategy.Good luck