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U.S. Dollar / Swiss Franc

USDCHF BROKE A RECTANGLE

By Dragon_Investments
The pair is testing the support of the rectangle (it was prevoiusly a resistance), wait the close of the candle of today, if it is above 0.9180 you can buy and set 0.945 as a target for the Wave 5 whereas if the price closes below that level it is better to wait for a reversal signal in h4 and h1 charts, an important level is 0.9145 which is the 61.8% fibonacci of wave 3, if broken price could come back down to 0.9050 at least
Chart PatternsneutralpositiontestTrend Analysiswaitandsee

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