Points to look for;
1. Major support level must be monitored closely.
2. Trendline is bearish, but the same could be broken by a strong bullish candle above the line as Chaikin Osc shows a BULLISH DIVERGENCE.
Bullish/continuation pattern spotted!
TWO scenarios to lookout for:
A. If it crosses 1765 then a buy position can be taken.
B. On the contrary, if it breaks the rectangle downwards then 1740 could be the bounce back level or else 1732.
Set the entry/exit points accordingly.
INTRADAY TRADING ALERT!
A long position could be taken on USDCHF for 40-50 pips as breakout is observed on the pattern.
On the other hand, DXY also seems to be bullish for tomorrow to which USDCHF has a direct relationship.
One may also go for short positions on the inversely related FX pairs.