HERE IS THE USDCHF 4HOUR TIMEFRAME. PRICE REJECTED FROM A RESISTANCE AREA OF 0.9725 NEARLY TESTED THE FIB GOLDEN RATIO(0.618) CLOSING BELOW THE RESISTANCE ZONE WITH A LOWER HIGH BEEN PRESENTED. HOWEVER IF I GET A BREAK OF MY CTL I WILL BE SHORTING USDCHF TO 0.9500
Here is the Dxy 4hour timeframe. Price has rejected from a structure of 97.50 with a third bounce trendline and a fb level of 0.786(three confluences). However i'm looking to see Dxy go short to 95.80 which happens to be a fib extension level. if The Dxy go short i will be buying the Eurusd.