DislikedVery quiet in the market, not just these pairs.
There should be a breakout but USDCHF does not have much room to the downside, basically 200 pips or so. Just cannot see it breaking new ground in the anemic market we have been having.
The historical range offers over 700 pips to the upside and that is probably easier than getting into totally new territory. In addition, the BOJ is likely to try another intervention to weaken the yen and in so doing are likely to be strengthening the USD which will pull this pair up as well.Ignored
It's just my two cent...