Looks overbought and can make quick 20-25 pips profit.
Be cautious and get out if you achieve 15 pips: One of the thing I noticed is that the level around 1.0300 (too far out from current level) is particularly interesting in USD/CHF, as not only has this helped to form resistance over the past month, but this is also the 61.8% retracement of the 2008-2011 major move in the pair.
As usual I'm in for 20-25 pip profit. Ride with me!
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