Awaiting Confirmation to Short USDCHF

Feb 9, 2015

The dollar is at a pretty huge level to potentially pullback at least if not greater losses. Currently, the USDCHF is at the 50% of the last leg and also right under the 200 ema on the daily. You can also see were are consolidating pointing to a big move one way or the other. Once we break this 1 hour trendline I'll be looking to sell or wait for a retest to sell. 0.88 is a very solid target 1 in my opinion.