The franc may find support at the existing bottom trendline this week. If the bullish rebound is corrective, we would have confirmation of a potential triangle and look for shorts near the top. For now, I'll be eyeing bullish breakouts from the parallel channel created last week.
Hey traders, here's another index outlook. I like both the Franc and the Euro long if we can break recent highs. This would be an indication of continued bullishness toward completion of a triangle on the 1H.
the franc has made an ending diagnal pattern that it will breakout of some time early this week. once it does, we can look to buy chf pairs. best results will yield from weaker pairs against the strenghth of the swiss