The pair seems to be diverging here on the 4hr. Getting ready for a big break out to the upside. Also, the EUR is getting stronger against other pairs. All except the AUD. I would consider buying AUD/CHF and this pair EUR/CHF for the rest of the week and into next week. After it reaches 1.0758, get ready for a huge short.
Please realize that this is my first post and I am new to forex. Based on the structural indicators that I set up using the Fibonacci and the equidistant channel, I predict that the chart can take either one of two course of actions. It can go long and peak at where the previous tweezer top formations were creating a head and shoulders, then continue to make its...