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2 things could happen imo
1) pullback/reversal after testing the fibo levels;
2) new highs (continuation of the current bullish trend).
I see a strong dollar against the franc and combined with my technical analysis I am supportive of the second idea.
IMO the pair is oversold, but as we all know that doesn't mean anything and buying/selling countertrend is highly risky and shouldn't involve big lot trades with low risk to reward ratio. KEEP IN MIND this is not a suggestion but and idea and first we need some slightly bullish momentum to confirm the pullback.