Also expecting further down move on USDCHF. Currently overbought on timeframes until Daily (with possible bearish divergence forming).
Any drop should see a close below 0.916 area of support but should not fall as low as 0.89 region. The previous move formed a higher low, so we should see some retracement for a higher high, which would be a break above 0.95 area.
Any drop should see a close below 0.916 area of support but should not fall as low as 0.89 region. The previous move formed a higher low, so we should see some retracement for a higher high, which would be a break above 0.95 area.
A 1 pip gain is better than a 1 pip loss.
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