Raptor_trading

Dollar-Frank heavily over valued?

Short
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Both 1hr and 4hr charts shows that pair has reached highest since Oct 2023. both RSI and STOCH indicating overbought, prevailing growth has been exhausted but bulls keep pushing up slowly amidst consolidation with weak candles, Bulls are still controlled but sellers will be come in to play latter part of Friday and we may see complete reversal on beginning of next week. keep an eye out on Fib ext levels could even pullback to 50%
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