Dislikedany thoughts on shorting 0.9383ish??
i doubt i will but some discussion might clarifyIgnored
On the 4hourly chart, there seems to be an inverted h&s formation. A small one, but its max. target could be 9773, the whole of the previous down move.
Besides even if that inverted H&S is not strong, the downside potential is limited, with the upside potential very big. A short could be dangerous and unrewarding.
Fundamentally, anytime the Libya crisis ease up, safe haven would leave CHF, potentially allowing USD to recover from this dip.