I'm looking for a downside on USDCHF for multiple reasons. -we are in a downtrend -there is a nice confluence area 0.9857 including fibonacci retracement of the last impulse move, 1.27 extension of the 0-A corrective impulse and also a nice s/r zone around this area -also I'm expecting DXY to turn to the downside, so the dollar gets weaker, swiss franc to the...
There is a nice expanding flat correction in the making on 60min timeframe and I'm looking for a second impulse wave to the downside. Dollar Index also is expected to get weaker, Swiss Franc is strong, so I expect from this currency pair to fall strong.