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GBPAUD 21% | 4 CHFJPY 16% | 3 GBPNZD 11% | 2 EURCHF 11% | 2
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SELL USDCHF RSI Way Overbought & Bullish Wedge Pattern
USDCHF
, 1DShort
USDCHF: SELL USDCHF RSI Way Overbought & Bullish Wedge Pattern

The RSI indicator on the daily time-frame for USDCHF is showing way overbought. A bullish wedge has been forming since November 2017 and it looks like the top of the wedge was broken. One of two things could happen, price goes back for a re-test and bounces off the wedges upper level to rise up after the major resistance level around 1.0300-1.03250 or price pulls...

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